The credit shelter trust, also known as a Family Trust, has long been the gold standard for estate planning. With each spouse able to move over $5 million adjusted for inflation and federal portability without a sunset clause, the issue of whether credit shelter trust preparation is still appropriate or advisable has emerged. The reality is that the credit shelter trust is still a great choice because it can be used for so many things other than estate tax planning. Read the full article here: https://www.oflaherty-law.com/learn-about-law/iowa-credit-shelter-trusts-what-you-need-to-know
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This article discusses what you need to know about a credit shelter #trust, including: What is a #creditsheltertrust?; and What are the benefits of a credit shelter trust?
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