Q. How do I know if I need a revocable or irrevocable trust? A. You should consult with a legal professional that handles both kinds of trusts. Provide a clear explanation of your goals and the assets you are planning to use to fund the trust including any life insurance you plan to purchase or…Read more
Tag Archives: Irrevocable Trusts
- Tag Archives: "Irrevocable Trusts"
I got a lot of phone calls about long term care planning after an article on Medicaid planning I ran a month or so ago. There were common areas of...Read more
A simple way to avoid probate is to give away property during your lifetime. But there can be consequences because you lose control and cannot recover the item, cash or...Read more
I have a revocable trust that provides for a disabled child on my death. Do I need to amend it due to the new SECURE Act? Good question. The answer...Read more
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