A possible advantage of setting up a trust is staying away from estate taxes. Assuming that the trust is irrevocable and you also relinquish Charge of it, it may lower estate tax legal responsibility. But revocable trusts remain A part of the taxable estate. By Christy Bieber, J.D. Information delivered https://travislkhdy.wikiinside.com/3074858/qualified_personal_property_trust_an_overview