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.
A major benefit of a Trust is that property is transferred without going through probate. The Trust document should be explicit as to how, when, and to whom the property is to be distributed. The trustee (executor) has an obligation to follow the Trust instructions. major benefit of a Trust is that property is transferred without going through probate. The Trust document should be explicit as to how, when, and to whom the property is to be distributed. The trustee (executor) has an obligation to follow the Trust instructions.