- Intervivos trusts established during a client’s lifetime, funded with annual exclusion amounts of up to $13,000 each year.
- Testmaentary trust established during death – funded by percentage of total assets or fixed dollar amount;
- Unlimited exclusion for gifts directly to school or medical providers;
- UTMA (“Uniform Transfer to Minor”) Accounts;
- College 529 Plans.
- Specialized Trusts
Attorney Robert J. Kolasa has significance experiences in establishing the above specialized educational trusts for family members. These trusts are specially drafted to taking into account the family’s particular financial and family needs. Why not provide for the younger generation to get a beneficial education and ensure that he or she becomes a productive member of society?
COMMON ESTATE PLANNING DOCUMENTS AND CONCERNS: