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Too Much and Too Little? Medicaid Trusts
irrevocable trust with income-producing assets, you would be able to accept distributions as long as you are living independently. This is key for people that rely on the income that...
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Contingent Beneficiaries?
something prevent the primary beneficiary from receiving them. Most experts recommend naming two contingent beneficiaries at the minimum as a failsafe.” Though it is hard to think about, there are many things...
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Estate Administration?
any outstanding debts, including any estate taxes that may be owed to the state and/or federal government. Overall, it can be a lengthy and complicated process….Estate administration usually involves submitting...
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Checklist for Trustees
individual trustee this usually means hiring an investment advisor to assist you with making prudent investment decisions regarding the trust property. Trust and Estate Law Practice? Speed things up...
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Trust Assets: Takers of Last Resort?
Clarifying Contingency Plans Estate planning experts point out that an overarching advantage of trusts is “having more control over assets than if you gave them to the recipient directly.” Trust...
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Getting Help: Estate, Probate and Trust Administration
Wasting time searching for bonds. Struggling with complex applications. Waiting during processing delays. The Partnership Account® for Attorneys offers a comprehensive selection of bonds, including: Fiduciary Bonds: Administrator,...
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Timing’s Everything: Probate Disputes
which probate litigation occurs has been increasing in recent years…”. The most common examples of probate litigation include: “contesting a will; disputing a trust; highlighting undue influence; disproving false claims...
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Updating A Trust Agreement
families: When you marry, you will likely want to include your new spouse in your overall estate plan. That may include changing the beneficiary designations as well as changing...
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A Will Should Be Fine?
separate property not subject to division in a divorce,” a trust might still be wise: “Trusts provide a safeguard against a beneficiary commingling or transmuting their separate property inheritance into...
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