Around this time of year, unscrupulous companies step up their efforts to market costly living trusts to older Ameri...

A recent Supreme Court decision limits the amount a trust can deduct from its federal taxes for fees paid to firms that advise on how to invest ...

A New Jersey appeals court blocks a son who is the guardian of his mother from selling his mother's house and transferring a portion of the proceeds to hasten her eligibility for Medicaid coverage of her nursing home care. The...

While college savings plans make an attractive estate planning tool, financial experts advise that they may have serious drawbacks in some situations and investors...

USA Today has given the College Savings Plan of Nebraska top honors in its review of 43 state college savings or '529' plans. More . . .

The Court of Appeals of Iowa has ruled that a trust that terminates if it causes a Medicaid applicant to be denied benefits should still be counted among the applicant's assets. More . . .

An attractive way of getting money out of an estate while helping a grandchild pay for college just got even more appealing. Under the recently enacted tax law, starting in 2002 earnings from so-called 529 accounts will no longer...

A "homestead exemption" protects part of a home's value (or in a couple of states, all of its value) from being sold to meet the demands of cred...

Conseco Inc., a major long-term care insurer, has transferred more than 140,000 of its policies to an independent trust set up by Pennsylvania, putting...