Welcome to part three of our Exploring Revocable Trusts series. In this episode, Attorney-CPA, Joe Cordell, and TuckerAllen estate planning attorney, Benjamin Zinkel delve into the concept of the trust corpus, demystifying its significance within the realm of estate planning.
In this enlightening discussion, Mr. Cordell and Mr. Zinkel provide insights on effectively defining and managing the trust corpus. Learn about key considerations such as asset transfer, protection, and growth strategies to ensure your trust’s long-term financial stability and success. Join them as they explore the fundamental elements of the trust corpus, which serves as the “body” or foundation of the trust. Discover how the trust corpus represents the property that is transferred into the trust, also known as the trust res. Gain a comprehensive understanding of the critical role the trust corpus plays in forming and validating a trust.
If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.