When people hear the term “trust fund baby,” it often sparks a mix of curiosity, admiration, and sometimes resentment. These individuals, born into wealth and privilege, live under public scrutiny, ...

Life insurance trusts, particularly irrevocable life insurance trusts (ILITs), can minimize estate taxes and protect your heir's inheritance.

When you think of trust funds, you probably think of super wealthy people providing their kids with access to huge amounts of money. However, trust funds aren't meant only for the rich. You can ...