Several Advantages in a Discretionary Trust
A discretionary trust is a type of trust that can be established on behalf of one or more beneficiaries.
April 5, 2022
Alternatives to replace Stretch IRA
Leaving behind a huge tax bill for your heirs with the stretch IRA scuttled? Here are some ways around it as lawmakers consider an updated SECURE Act.
March 28, 2022
Medicaid Annuity might be an Option
For couples who face depleting their own assets, using a Medicaid-compliant annuity could be a way to preserve assets and still qualify for Medicaid.
March 7, 2022
A Trust provides more flexibility than a Will
Trusts are often associated with the rich, but the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.
March 2, 2022
Keeping Vacation Home in the Family
If you do not plan appropriately and thoughtfully, problems may arise with respect to this property and your family when you are gone.
March 1, 2022
Carefully consider which Assets to place in Trust
A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries and it can significantly reduce the headaches of probate.
February 18, 2022
Consider Using a Corporate Trustee
Revocable Living Trusts have become a widely used estate planning document, providing a path to managing assets, avoiding probate and gaining privacy at the settlement of an estate.
January 17, 2022
Can You Disclaim an Inheritance?
What happens if you are named an heir in an estate but you don’t want it? Does it go the person’s children if you reject the inheritance?
December 16, 2021
Can You Sue A Trust Directly?
Trusts can provide certain benefits for estate planning, including asset protection. But can you sue a trust?
December 13, 2021
Divert Assets to maintain Medicaid Eligibility
Several types of special income trusts and other strategies can be helpful when trying to protect your family’s assets from the devastating costs of long-term care.
December 8, 2021