We all know that the stock market can be volatile and we often think it is just part of investing. While all investments are a risk, some portfolios have a lower possibility of risks. You may not have heard of Income Trusts – but they are something you should be familiar with.
An income trust has more stable and moderate earnings to produce income. The trusts are designed to distribute income regularly, allowing you to give to your beneficiaries now or after you’re gone.
If a company decides against selling public stocks on the stock market, it may set up income trusts to fund its business.
There are several factors that an investment trust must follow:
Some types of income trusts are:
These trusts are set up to generate income for you by holding profitable assets.
As with anything, there are good and bad points to investing in income trusts.
Having a solid investment portfolio is one part of your estate plan. A complete estate plan will ensure that your will, healthcare directive, retirement portfolio and investments all work together. Having an experienced estate planning attorney on your side will help you plan for your future and the future of your loved ones.
Talk to an experienced estate planning attorney to prepare for your future and the future of your beneficiaries. Contact us at the Estate and Probate Legal Group today at 630-864-5835.
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