Explore the Uniform Prudent Investor Act (UPIA), its history, key takeaways, and how it updates the Prudent Man Rule to incorporate modern portfolio theory, fostering better financial governance.
Explore the concept of General Power of Investment introduced by the Trustee Act 2000, enhancing trustees' abilities to manage trust assets with broader investment choices. Uncover its scope and limitations.
Explore the intricacies of grantor trust rules within the IRS guidelines, understand their tax implications, and learn how they influence estate planning.
Explore the concept of a living trust, how it functions, and its benefits over traditional wills, ensuring your assets are managed and distributed according to your wishes without the hassles of probate.
Learn how revocable trusts function in estate planning, their advantages, key differences from irrevocable trusts, and why they might be the right choice for managing your assets.
Explore what a named beneficiary is, their roles in estate planning, types of beneficiaries, and how they differ from heirs. Essential guide for policyholders and estate planners.
