Revocable or Irrevocable Trust? That is the Question

Revocable or Irrevocable Trust? That is the Question

Often, the most important decision one must make in designing an effective estate plan is choosing between a Revocable and an Irrevocable Trust Agreement. – A revocable trust has the advantage of flexibility in allowing the creator of the trust, known as the...
Using Living Trusts to Safeguard Your Legacy

Using Living Trusts to Safeguard Your Legacy

Did you know that the best way for parents to safeguard their legacy with respect to children who are spendthrifts, or alcohol or drug abusers, is by using a Living Trust? With a properly drafted Trust, parents may place conditions upon their children before they are...
Helping Loved Ones Through the Use of Special Needs Trusts

Helping Loved Ones Through the Use of Special Needs Trusts

Special Needs Trusts (SNTs) provide for the day-to-day needs of a disabled individual that are not covered by Medicaid, while preserving the beneficiary’s ability to receive government benefits. A first party SNT is funded with the assets of the beneficiary and is...