The degree with the second-greatest number of offers: economics. Some 61.5% of economics majors had at least one offer upon graduation. In third place: accounting, a major where 61.2% of students had offers before they graduated.
when a trust must vest. These trusts can, instead, continue indefinitely* â potentially free from estate, generation-skipping, gift and inheritance taxes. This can result in significant tax savings and ongoing financial control for the trust. Investment Flexibility. Through a âdirected trust,â a grantor can appoint a third-party advisor to manage the trustâs investments. This is particularly useful for those with illiquid or concentrated positions that a trustee may feel obligated to diversify as part of their administrative duties.
One of the biggest benefits of a revocable family trust is its flexibility. You can generally freely take assets in and out of it for as long as you're alive. By definition, the trust can also be revoked, or terminated, whenever you want, until you pass away and the successor trustee takes over.