How to Learn About Family Trusts & Alternative Structures

Proper estate planning can secure your family's future.

Probate and estate taxes can reduce a substantial amount of the money you worked to earn and intended for your heirs and other beneficiaries. There are a variety of money management solutions available to ensure your money is protected. To make an informed decision, you must educate yourself on family trusts and alternative structures.

Instructions

1. Attend a seminar to learn more about family trusts and alternative structures. A financial planning seminar can teach you how a trust can help. You can gain information on proper financial and estate planning and related tax implications associated with the trusts and other structures. Locate seminars near you by contacting your local bank, financial planner or public library.

2. Read the basics about trusts. To learn about family trusts and alternative structures, you must know what trusts are designed to do and how they protect you financially. Nolo.com offers plenty of free information and articles on family trusts. The information comes from professionals and covers the appropriate tax laws. The site also provides examples that make learning about trusts easy to understand.

3. Visit the Federal Trade Commission (FTC) for information about trusts. The FTC website provides facts to consumers. Search the site for "Family trusts." The FTC also provides links to resources for more information on trusts.

References

• The Federal Trade Commission: Living Trust Offers: How to Make Sure They're Trust-worthy
• Trustmakers: The Family Trust
• Nolo: Wills, Trusts & Estates

Resources

• Estate Planning Links
• The American Bar Association: Products Catalog