» Irrevocable Trust

Irrevocable Trusts May be the Answer to Tough Estate Planning Issues

November 5th, 2015
The death of a loved one can create a lot of financial complexity. For families that have set up irrevocable trusts to facilitate the transfer of assets from one generation to another, the tax implications can be even more complicated. However, there… Read More
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Categories: Aging Issues, Current Affairs, Estate Planning, Succession, Trust Funding, Weblogs, Will
Tags: Asset Protection, estate planning, Estate Planning Lawyer, Estate Tax, Gift Tax, Guardianship, Income Tax, Inheritance, Irrevocable Trust, Living Trust, power of attorney, probate, Probate Attorney, Probate Court, Tax Planning, Trusts, Trusts and Estates, Will Changes, Wills

Using A Revocable Trust as the Primary Method for Disposing of Your Estate

September 29th, 2015
If you haven't considered using a revocable trust rather than a will as your main estate planning document, you could be making a critical mistake. A recent MoneyWatch article, “5 reasons you need a trust, not a will,” lists five reasons for… Read More
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Categories: Aging Issues, Current Affairs, Estate Planning, Weblogs, Will
Tags: Asset Protection, estate planning, Estate Planning Lawyer, Estate Tax, Irrevocable Trust, probate, Probate Attorney, Probate Court, Revocable Trust, Trusts, Trusts and Estates, Wills

Which Type of Trust is Right for Me?

September 21st, 2015
Trusts can be a great way to update an estate plan, whether within a will or as a separate estate-planning tool. Trusts have a reputation for being something that most people don't have to worry about, with most seeing a trust as a vehicle for t… Read More
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Categories: Aging Issues, Current Affairs, Estate Planning, Trust Funding, Will
Tags: Asset Protection, Credit Shelter Trust, estate planning, Estate Planning Lawyer, Estate Tax, Family Trust, Inheritance, Irrevocable Trust, Living Trust, probate, Probate Attorney, Probate Court, Qualified Personal Residence Trust (QPRT), Qualified Terminable Interest Property (QTIP), Revocable Trust, Special Needs Trust, Tax Planning, Testamentary Trust, Trusts, Trusts and Estates

Revoking an Irrevocable Trust

February 6th, 2015
By the basic meaning of its title, it would seem that an irrevocable trust cannot be revoked. However, in Louisiana, a battle is waging over whether or not that is always true.   Tom Benson is believed to control the largest fortune in the state… Read More
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Categories: Aging Issues, Blended Families, Elder Law, Estate Planning, Long Term Care, Medicaid, Probate, Trust Funding
Tags: estate planning, Irrevocable Trust, revocable living trust, Revocable Trust, trust attorney, Trusts