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Baby Boomers Guide to Trusts: Your All-Purpose Estate Planning Tool by Harry Margolis

Baby Boomers Guide to Trusts: Your All-Purpose Estate Planning Tool

by Harry Margolis
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Book cover type: Paperback
  • ISBN13: 9781733931069
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Ducks in a Row Publishing
  • Publisher Imprint: Ducks in a Row Publishing
  • Publication Date:
  • Pages: 262
  • Original Price: USD 17.95
  • Language: English
  • Edition: N/A
  • Item Weight: 354 grams
  • BISAC Subject(s): Estates & Trusts, Living Trusts, and Wills

Trusts are the Swiss army knife of estate planning-they are versatile tools that can be used to achieve many different goals. But few non-professionals understand how they work.

Written by elder law and estate planning expert Harry S. Margolis, The Baby Boomers Guide to Trusts: Your All-Purpose Estate Planning Tool answers the many questions trust grantors, beneficiaries and trustees have, including:

- What distributions can you or must you make?

- How is the trust taxed?

- What fees may the trustee charge?

- Who has a right to accounts?

- How can a trust help you meet your tax, asset protection, and long-term care planning goals?

Featuring practical advice and easy-to-follow examples gleaned from the author's 30-plus years of experience in elder law and estate planning and questions posed by consumers on his website, AskHarry.info, The Baby Boomers Guide to Trusts: Your All-Purpose Estate Planning Tool will help you know when to use a trust in your estate planning, how to manage it as trustees, and your rights as a beneficiary.

Margolis, Harry: - A passionate advocate for seniors, individuals with special needs, and their families, Harry S. Margolis has been practicing elder law and estate planning for more than 30 years. Through his initial firm, ElderLawServices, and his current firm, Margolis & Bloom, he has helped thousands of clients pay for long-term care, grapple with the incapacity of a family member, and secure the futures of their children and grandchildren.Harry edited The ElderLaw Report, a monthly newsletter for attorneys, for three decades. He has been selected as a fellow of both the National Academy of Elder Law Attorneys and the American College of Trust & Estate Counsel. He has also been named a Super Lawyer every year since 2005, and in some years has been recognized as among the top 100 Super Lawyers in Massachusetts and New England.The founder of the websites ElderLawAnswers.com and SpecialNeedsAnswers.com, Harry answers consumer estate planning questions online at AskHarry.info, reflecting his commitment to empowering everyday people with the knowledge they need to achieve the best legal solutions. More recently, Harry has begun exploring how Baby Boomers have shaped the United States in a blog at okayboomer.substack.com.He is an elected town meeting member in Brookline, Massachusetts, where he lives with his wife, Susan, Cola, their old dog of uncertain breed, and, having returned home due to the pandemic, his 20-something twins, Maya and Jeremy. He loves biking and traveling, which have been rather curtailed during the pandemic, thus this new book.

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