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…
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Tag Archives: Irrevocable Trusts
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I had my estate documents done some years ago and now I’m entering hospice.
The doctor says it will be a matter of weeks. Is there anything more I need to know or do? This week I had the privilege of saying goodbye to...Read more -
What long term care planning tips can you pass along?
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 -
My life insurance policy will barely cover my funeral
When I die who or what process will be used to pay my debts? When we die a new legal entity emerges, called a “Decedent’s Estate”. Sometimes all assets are...Read more
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