Medicaid Asset Protection Trusts & Qualified Income Trusts This past week, I had a 74-year-old client and her 78-year-old husband ask me if they should replace their current Joint Revocable Living Trust with a Joint Irrevocable Trust. In this couple’s case,...
When it comes to estate planning, it’s important to have an experienced and knowledgeable attorney by your side. Estate attorney specialize in the legal aspects of estate planning and can provide valuable guidance and advice to ensure that your assets are...
WILL OR TRUST? One of the first questions clients ask me during initial consultations is “Trust Agreement or Will”? As with most things, the answer is “it depends.” A Will is generally used for smaller and/or less complicated estates and/or to...
Medicaid Asset Protection Trusts & Qualified Income Trusts This past week, I had a 74-year-old client and her 78-year-old husband ask me if they should replace their current Joint Revocable Living Trust with a Joint Irrevocable Trust. In this couple’s case,...
What is a Trust? A trust is a legal, fiduciary arrangement among a grantor, trustee, and beneficiary. It provides for the ownership, management, and distribution of assets where the trustee holds the assets for the grantor for the benefit of a third party, called a...
