Sally has a daughter, Jane, who is 27 years of age and is not disabled. Sally is considering establishing an inter vivos trust to freeze a portfolio of stocks and bonds with her daughter as beneficiary. Sally purchased the investments over many years. They have appreciated substantially during that time. Jane earns about $35,000 from her with the City's recreation department. Discuss the advantages and disadvantages of Sally's plan

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Establishing an inter vivos trust also known as a living trust can be a strategic estate planning tool Here are the advantages and disadvantages of Sa... View the full answer