Tag Archives: #FinancialTrust

Asset verification Meaning?

Capitalized Assets

Asset verification  Asset verification refers to the process of confirming the existence, ownership, and value of assets held by an individual, organization, or entity. It involves conducting a thorough examination and assessment of various types of assets.  Such as real estate, vehicles, equipment, inventory, financial investments, and intellectual property, among others. The purpose of assets… Read More »

Are gst trusts revocable?

GST trusts revocable

  Introduction Generation-Skipping Trusts (GST) have become a popular estate planning tool, especially for individuals seeking to preserve wealth and pass it down to future generations with minimal tax liability. The primary objective of a GST trust is to bypass one generation and transfer wealth directly to the next (usually grandchildren), avoiding estate taxes that… Read More »