“Put Not Your Trust in Money”

Abstract

Many successful people earn substantial sums of money during their productive years, but fail to invest this money advantageously or to provide properly for their families. Attorneys and others engaged in estate planning can be of great assistance in these areas.

The use of various forms of trusts is a most effective device to prevent such problems. It is possible to obtain proper investment management and substantial savings in both income and estate taxes. Some of these possibilities are explored here.