Warren Sapp, former NFL defensive tackle, is the latest sad chapter in professional athletes going bankrupt. Mr. Sapp had a distinguished career with the Oakland Raiders and Tampa Bay Buccaneers. While he was great getting to the quarterback, it seems he didn’t learn how to protect his money. He owes over $6.7 million according to his […]
Many people would like to set up a Trust to transfer assets to several generations?children, grandchildren, great-grandchildren. A Dynasty Trust can accomplish this goal.
The person who forms and funds the Trust is called the grantor. The grantor transfers assets to the Trust and will pay gift tax on the amount of the gift above the […]