Trusts

A special needs trust provides financial support while protecting eligibility for government benefits. But circumstances change, and you may need to update the trust. Understanding when and how to modify it ensures continued support without risking essential benefits....

Revocable trusts are a popular estate planning tool that provides flexibility and control over your assets. They offer benefits like avoiding probate and simplifying asset management, but understanding how they work is essential.  What is a revocable trust? A...

Creating a trust offers a strategic way to manage and distribute assets while reducing complications. One critical decision involves designating beneficiaries in the trust's name or the trustee's name. Understanding the differences ensures smooth asset distribution...

Adding a trust to one's estate plan can be a positive step toward future financial goals. Depending on those goals, though, choosing between a revocable and irrevocable trust might be a significant decision with major implications. Both types of trusts offer notable...

Special needs trusts (SNTs) are crucial tools in estate planning for families with a disabled loved one.  They help protect government benefits like Medicaid and Supplemental Security Income (SSI) by ensuring that assets are managed without disqualifying the...

A trust agreement is a crucial legal document that must meet certain conditions to be valid. When a trust agreement fails to do so a court may deem it invalid. Understanding these potential pitfalls can help you ensure that a trust agreement meets all legal...