24-7 Press Release.com: It is true that trusts are invaluable tools for those with a large amount of assets. Trusts can help to avoid estate and gift taxes; they can put conditions on the money in the trust fund to prevent large amounts of money being available to someone too young to manage it wisely. Trusts can also be a great tool for charitable donations. However, trusts are no longer just the overly complicated tools of the wealthy. From taking care of assets that are difficult to liquidate, such as real estate or a business, to providing for a child with special needs, trusts are a straightforward tool that many people should discuss with an estate planning lawyer.
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