ABC, Easy as 123? Understanding Trust Alphabet Soup

In the legal world, there is no shortage of acronyms for the multitude of irrevocable trusts and entities that exist for advanced planning. Estate and legacy planning are a critical component of holistic wealth and financial planning. This session aims to help participants learn about some of the more common irrevocable trusts and how to have deeper conversations with clients in order to help identify the right technique for their specific goals.

3 Learning Objectives:

Identify grantor vs. non-grantor trusts and the differences between the two types.

Understand the mechanics of various irrevocable trusts.

Learn practical tips for legacy discussions to deepen client relationships and align advanced legacy strategies with client goals.