Sacramento Estate Planning Attorney on Generation Skipping Trusts

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April 25, 2014 by generationsprobate

“A lot of things can ruin a family’s fortune, such as messy divorces, serious illnesses, and bad business decisions. A generation skipping trust shields that fortune from these events so that future generations can still benefit from it.

Of course, this type of trust is subject to special rules. For example, an inheritor can only receive $5.43 million tax free; if he or she gets more than that, the excess is subject to the highest estate taxes available. So before drafting this type of trust, consult first with an estate planning attorney in Sacramento, such as those from Generations.”
http://www.generationsprobate.com/blog/info-articles/sacramento-estate-planning-attorney-on-generation-skipping-trusts.html

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GenerationsProbate

Generations is a Sacramento-based estate and trust law firm, providing quality legal counsel in Estate and Tax Planning, Trust Administration, Probate Administration and Elder Law. The name reflects the firm's position as a devoted ally that helps families and businesses make informed decisions about their futures, from one generation to the next.


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