Currently Browsing:Revocable Trusts

Types of Trusts – What They Can and Cannot Do

I have had more than a couple of clients come to me after their friends or financial advisors told them to put all of their wealth into a trust so that it would be protected from Medicaid/Medicare when they die. That's it. That's all they have been told and it sounds simple enough. However, these

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Revocable Trusts Avoid Probate

Revocable Trusts Avoid Probate – BUT SOMETIMES YOU SHOULD PROBATE THEM ANYWAY I know, it sounds like lunacy. Your loved one created a Revocable Trust for the purpose of avoiding the cost and red-tape of probate. But there are some instances when you, the Trustee left in charge after the death of the Grantor (who

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Types of Trusts – What They Can and Cannot Do

I have had more than a couple of clients come to me after their friends or financial advisors told them to put all of their wealth into a trust so that it would be protected from Medicaid/Medicare when they die. That’s it. That’s all they have been told and it sounds simple enough. However, these

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