Garden City - White Plains - Manhattan - Bayonne
   

Frequently Asked Questions

Back to FAQ

CAN A LIVING TRUST AVOID DEATH TAXES?

Both a living trust and will can be used to reduce or eliminate death taxes under certain circumstances, and especially for married couples. Tax saving clauses that are included in your living trust are virtually identical to the tax saving clauses that would be included in your will. However, in addition to potential tax savings derived from a comprehensive estate plan, a living trust can also assist in organizing your finances. Thus, a living trust is well suited to both of these purposes.