Discretionary Trusts Explained: 4 Key People to Know | LegalVision

Liz Weston: What is the ‘double step-up’ as applied to trusts, and how does it work?

There's a simple strategy that can protect your children's inheritance from divorce. Most attorneys won't tell you about it. I'm Attorney Elliott Feldman, and I protect family wealth from threats that traditional estate planning ignores. When you have assets worth $300,000 or more, your children's potential divorces represent a massive threat to your family's wealth. Yet most estate plans offer no protection against this threat. Here's why: most attorneys use basic wills and simple trusts that l

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Dividing Trust Assets in Divorce in Virginia