An absolute gift refers to a straightforward and unconditional transfer of property or assets from one person to another person.

An affidavit is a written statement or declaration of facts that is made voluntarily and under oath by an individual.

An individual, organization, or entity who is designated to receive assets, property, or benefits from a person's estate upon their death.

A legal document that is used to make specific changes, additions, or amendments to an existing will.

A legal arrangement used to transfer assets or property into a trust, and then giving the trustee broad discretion to determine how and when the trust's income and assets are distributed to the beneficiaries.

A legal arrangement used to transfer assets or property into a trust, and then giving the trustee broad discretion to determine how and when the trust's income and assets are distributed to the beneficiaries.

A legal principle that pertains to the duration of certain types of trusts. This rule aims to prevent the indefinite tying up of assets in trusts.

A model developed to simplify will planning for both advisors and clients. The 3-2-3 model provides structure to planning meetings by simplifying the options available at each stage.