Can You Change the Beneficiary of a Charitable Remainder Trust?
Trusts have many functions, and there are numerous types of trusts. Many are useful in estate planning, and it’s always wise to seek professional assistance when considering whether and what variety of trust to establish to best pursue your goals.
What Is a Revocable Living Trust and How Does It Work?
A revocable living trust is set up during a person’s lifetime to name their wishes for the distribution of their assets after their death. They can change the terms of the trust at any time.
How Can I Invest In REITs?
Real Estate Investment Trusts (REITs) have a singular purpose. Specifically, they allow you, the investor, to invest in real estate without having to buy or finance your own properties. In fact, they were created for that very purpose; in 1960, Pres. Dwight D Eisenhower signed legislation that created REITs, thus opening real estate investment to regular Americans.
How to Dissolve a Charitable Remainder Trust
Investors seeking to provide income for either their lifetime or a beneficiary, plus leave a legacy for a charitable organization, may consider establishing a trust as one means of doing so. There are various types of trusts, one of which is a charitable remainder trust, or CRT.
Can a Minor Be a Contingent Beneficiary?
If you have investment accounts, retirement savings, or a life insurance policy, you have the option of naming beneficiaries. Many parents name their minor children as contingent beneficiaries to ensure financial support. This has the potential to complicate the transfer of assets. Learn if minors should be listed as contingent beneficiaries and what alternative actions are available.
Should I Buy a Rental Property?
The internet abounds with articles and stories about real estate investments and their many advantages. Some articles even go so far as to place real estate investments in the same category as “get-rich-quick” schemes, though fortunately, Google seems to be clamping down on this type of content.
How Can I Give My Beneficiaries Tax-Deferred Real Estate Investments?
For some investors, one of the goals of building wealth and accruing a real estate portfolio is the intent to distribute it as a legacy to the following generation. With that in mind, you may want to consider how to effectively plan your bequests to manage the impact of taxes for your beneficiaries. Let’s take a look at some potential means of doing so. One term that you will hear when discussing estate planning is the step-up in an asset basis.
1031 and 1035 Exchanges: What You Need to Know
If you’ve been paying attention to our company and our blogs, you probably realize that we are experts when it comes to 1031 exchanges. Additionally, our website URL—realized1031.com—should give you a pretty good idea about our knowledge in this area.
How to Distribute Assets for a Better Return
Asset allocation, also called asset distribution, is a measure of how the breadth of your investment portfolio is spread among varying asset classes. The goal of asset allocation, also called portfolio diversification, is to maximize expected returns for a given level of risk.
Can Substantial Improvement in an Opportunity Zone Be Personal Property?
Many discussions pertaining to the “substantial improvement” requirement of Qualified Opportunity Zones (QOZs) focus on real estate. For instance, capital investment and renovation of an older office building. Or ground-up construction of a multi-family property.
