Durfee Law Group Charitable Remainder Trust What is aCharitable Remainder Trust? A Charitable Remainder Trust ('CRT") is a type of "split interest" gift. It is an irrevocable trust through which you split part to keep for yourself and part to g... Asset Protection Charitable Planning Coordination Estate Planning Tax Planning Trusts
Durfee Law Group Rule Against Perpetuities The Rule The Rule Against Perpetuities is an archaic rule adopted by the U.S. as part of the Common Law heritage from its colonial predecessors. In most applications, it limits the length of time in w... Coordination
Durfee Law Group Naked LLC Imagine that you must appear in public. You go to your closet. There is nothing there. You will be on display for the whole world to seem completely naked. That might be the experience of your LLC. Wh... Coordination
Durfee Law Group Old ILIT New Solutions An "ILIT" is an Irrevocable Life Insurance Trust. One of the purposes of an ILIT is to prevent life insurance benefits from being taxed. (Yes, although generally income tax free, life insurance can be... Coordination
Durfee Law Group What is a Dynasty Trust? A "Dynasty Trust" is a Trust designed to hold and protect property over multiple generations. Such trusts take advantage of jurisdictions that have abolished laws that require termination such as the ... Coordination
Durfee Law Group Business Limited Partnership Business Limited Partnership vs. Family Limited Partnership For many years the "Family Limited Partnership" has been used an both an estate planning and asset protection tool. There have been a number... Coordination
Durfee Law Group Living Will Best Way Out A Living Will is generally the last document a person uses in their life. A Living Will may or may not contain or be used in connection with a "DNR" or Medical Directive. When the Living Will is invok... Coordination
Durfee Law Group Donor Advised Fund Family Foundation What is a Donor Advised Fund? A Donor Advised Fund (or "DAF") is the quickest, easiest, and most cost effective way for anyone to establish a charitable Family Foundation. Among other benefits, it ena... Charitable Planning Coordination Estate Planning Professionals Tax Planning
Durfee Law Group Limited Partnership - Legal Services Limited Partnership (LP, LLP, LLLP) With rare exceptions, when we form a LP, we prepare complete documentation as needed for the LP to operate, function, and carry out its intended business purposes. ... Coordination
Durfee Law Group Irrevocable Family Fortress Dynasty Trust - Legal Services Irrevocable Family Fortress Dynasty Trust Irrevocable Family Fortress Dynasty Trust - Legal Services include establishing an an Irrevocable Dynasty Trust outside of taxable estate with provisions for ... Coordination
Durfee Law Group Revocable Living Dynasty Trust - Legal Services Revocable Living Dynasty Trust Revocable Living Dynasty Trust - Legal Services look beyond merely avoiding probate and/or reducing estate taxes. It is all about what your estate planning is going to d... Coordination
Durfee Law Group Basic Documents - FEATURES Basic Documents Foundation Your "Basic Documents" are the foundation of all your Estate Planning. This is where your planning begins. All the rest of your estate planning is built on this foundation. ... Coordination
