Can a Living Trust Own S Corporation Stock?

Can a Living Trust Own S Corporation Stock?

Many people use living trusts to handle their assets. This method is vital for estate planning. But, owning stock in an S corporation has its own set of rules. First, know that most trusts can’t have S corporation stock. Yet, a few special trusts can be...
Does a Living Trust Avoid Estate Taxes?

Does a Living Trust Avoid Estate Taxes?

Many are curious about living trusts and if they can help dodge estate taxes. Estate taxes hit the wealthy when they inherit assets. But, a living trust by itself doesn’t cut estate tax costs.Estate taxes kick in for property over the IRS’ limit, which...