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Irrevocable Trusts provides all the information you need to successfully prepare and implement an irrevocable trust. It examines:
• Types of trusts used for estate planning, such as children's trusts, term trusts, sprinkling or spray trusts, testamentary trusts, educational trusts, accumulation trusts, Crummey trusts, insurance trusts, irrevocable trusts for stock purchase, charitable remainder trusts, and Medicaid trusts
• Choosing a trustee
• Income tax implications
• Involvement with the IRS
• Valuation of assets transferred to the trustee