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{"id":15864,"date":"2016-06-22T11:02:53","date_gmt":"2016-06-22T11:02:53","guid":{"rendered":"http:\/\/www.seonewswire.net\/2016\/06\/comparison-between-transfers-to-childrens-trusts-and-transfers-to-individuals\/"},"modified":"2016-06-22T11:02:53","modified_gmt":"2016-06-22T11:02:53","slug":"comparison-between-transfers-to-childrens-trusts-and-transfers-to-individuals","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2016\/06\/comparison-between-transfers-to-childrens-trusts-and-transfers-to-individuals\/","title":{"rendered":"COMPARISON BETWEEN TRANSFERS TO CHILDREN\u2019S TRUSTS AND TRANSFERS TO INDIVIDUALS"},"content":{"rendered":"
\n

by Thomas D. Begley, Jr., CELA<\/p>\n

The following chart compares the advantages and disadvantages of an outright transfer of assets and putting assets in a Children\u2019s Trust.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Trusts v. Transfers Comparison<\/td>\n<\/tr>\n
Issue<\/em><\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Children\u2019s Trusts<\/em><\/td>\n\u00a0\u00a0\u00a0\u00a0 Individuals<\/em><\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
Look-Back<\/td>\nFive Years<\/td>\nFive Years<\/td>\n<\/tr>\n
Control<\/td>\nNone<\/td>\nNone<\/td>\n<\/tr>\n
Risk Avoidance<\/td>\nYes<\/td>\nNo<\/td>\n<\/tr>\n
Estate Recovery<\/td>\nMaybe<\/td>\nNo<\/td>\n<\/tr>\n
Income Tax<\/td>\nParent<\/td>\nChildren<\/td>\n<\/tr>\n
Gift Tax<\/td>\nMaybe<\/td>\nYes<\/td>\n<\/tr>\n
Step Up in Basis<\/td>\nYes<\/td>\nNo<\/td>\n<\/tr>\n
Principal Residence Exclusion<\/td>\nYes<\/td>\nNo<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

by Thomas D. Begley, Jr., CELA The following chart compares the advantages and disadvantages of an outright transfer of assets and putting assets in a Children\u2019s Trust. Trusts v. Transfers Comparison Issue \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Children\u2019s Trusts \u00a0\u00a0\u00a0\u00a0 Individuals Look-Back Five Years…<\/span><\/p>\n