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Qualified Subchapter S Trust for Benefit of Child with Crummey Trust Agreement Form

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Qualified Subchapter S Trust for Benefit of Child with Crummey Trust Agreement Form

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hey there i'm estate planning attorney paul rabelais and in this video i am going to explain what information a beneficiary of a trust is entitled to so here's the deal lots of people are setting up trusts these days people are setting up testamentary trusts in their wills people are setting up revocable living trusts and then people are setting up revocable living trusts that have sub trusts that go on after the death of the set lore or set lowers and people are setting up what i call gifting trust that parents and grandparents often establish for their children and grandchildren sometimes for estate tax avoidance purposes the trustees of these trusts not trying to be rude here but the trustees of these trusts are often in over their heads they've never been a trustee before the trustee is often some best friend or relative of the set lore the person who set up the trust the trustees often don't know the investment and accounting rules that are required

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