Message Font: Serif | Sans-Serif
No. of Recommendations: 0

I am looking to set up a non-revocable or irrevocable trust for my mother. What type of trust has the least amount of tax consequences (estate is below 675K)to ensure that if something happened to me that the trust will provide for her care and life. In the event that she preceded me in death the trust remainder would be passed to me as trustee or the beneficiary. Where should i start, or what should i consider with using this type of vehicle to ensure my mothers well being untill she passes.


Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.