As the holiday season approaches, the thoughts of many turn to family. It is a season of picking out gifts and planning celebrations for loved ones.<\/p>\n
This time of year can also be a reminder to consider long-term planning for our loved ones, and to consider the gifts that can last not just a season, but for generations.<\/p>\n
For all adults, but especially those lucky enough to have children, grandchildren, or a close extended family, the Family Protection Trust\u2122 (FPT) can ensure that any assets left to loved ones are protected and tax implications are minimized.<\/p>\n
An FPT allows the person creating it to design the distribution structure so that assets can continue to benefit not just children, but also grandchildren and great-grandchildren. In addition, the assets in the trust will not be taxed upon the death of a child, so the assets will not be dramatically reduced for each succeeding generation as (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" As the holiday season approaches, the thoughts of many turn to family. It is a season of picking out gifts and planning celebrations for loved ones. This time of year can also be a reminder to consider long-term planning for…<\/span><\/p>\n