Trust Documents 

A trust created by one person to manage and distribute their assets during life and after death. It allows the grantor to maintain control while alive and provides a private and seamless transfer of assets to beneficiaries upon death. When properly funded, a revocable trust will

avoid probate.

A shared trust established by spouses or partners to manage jointly held and separate assets. It provides flexibility for both parties during their lifetimes and ensures efficient estate administration after either spouse’s passing and the same benefits of an individual revocable trust,

including probate avoidance.

 A foundational document that outlines how assets should be distributed upon death and who will serve as executor. It can also appoint guardians for minor children and serve as a backup to direct any assets not held in trust.

Also known as a living will, a client can specify their medical

preferences in this document and appoint a healthcare agent to make medical decisions on their behalf if they become unable to do so.

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Authorizes a trusted individual to handle financial matters on behalf of

the client if they become incapacitated. This includes managing accounts, paying bills, and overseeing investments.

Allows parents or legal guardians to designate who should

care for their minor children if they are unable to do so. It provides clarity and legal authority for Family Trust: This sub-trust is also known as a Bypass Trust, Credit Shelter Trust, or Disclaimer Trust. Wealth.com core planning documents provide the surviving spouse of the trustor (the person who creates the trust) the ability to disclaim a portion of the estate into the Family Trust. This sub-trust can provide creditor protection and flexibility for estate tax planning.

This sub-trust is also known as a Bypass Trust, Credit Shelter Trust, or Disclaimer Trust. Wealth.com core planning documents provide the surviving spouse of the trustor (the person who creates the trust) the ability to disclaim a portion of the estate into the Family Trust. This sub-trust can provide creditor protection and flexibility for estate tax planning.

This sub-trust is created to benefit the descendants of the trustor. These

descendants are typically children, grandchildren and sometimes even further generations. The primary purpose is to manage and distribute assets in a way that supports and provides for the descendants according to the trustor’s wishes.

This type of sub-trust, also known as a Qualified Terminable Interest Property (QTIP) Trust, is typically used to defer estate taxes until the death of both spouses or to provide a degree of

control over who receives assets upon the death of the surviving spouse. A Marital Trust can also guarantee second-level beneficiaries by allowing the trustor to choose who will receive what is left of the estate upon the death of their spouse, a common technique for blended families.

This sub-trust provides a protective structure for younger beneficiaries who may not be ready to manage significant assets outright, ensuring proper oversight until they reach a designated age.

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This type of sub-trust is included in the joint revocable trust and is triggered as soon as one spouse passes away. It’s designed to hold and manage the assets that remain with the surviving spouse after the death of the first spouse. The primary purpose is to ensure the surviving spouse

continues to have control over their portion of the estate and can manage it according to their needs and wishes.

These “see-through” trusts are used to manage distributions

from retirement accounts, such as IRAs and 401(k)s, to beneficiaries. Wealth.com documents provide the trustee authority to elect to treat a trust receiving retirement benefits as either a conduit trust or an

accumulation trust for income tax planning purposes.