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Trusts are powerful tools, but using the right type is key. A revocable trust helps avoid probate and provides a step-up in basis for your heirs, but it won’t reduce estate taxes. An irrevocable trust can minimize estate tax exposure, but assets inside won’t receive a step-up in basis. The best strategy? A balanced approach that leverages both to protect and grow your wealth. 💡📈🏡
#EstatePlanning #WealthProtection #Trusts #GetUpleveled
credit (IG):
Anastasia Fainberg -
@legacylawgroupcolorado
SF0599