What Role Does a Testamentary Trust Play in Medicaid Benefits?

Putting together various estate planning tools for the purpose of passing on assets to future generations is wise but thing can become increasingly complicated when it comes to managing these concerns surrounding Medicaid. Medicaid has very state specific rules that could potentially change over the course of time if you don’t have the right estate… Read More »

When Celebrities Get It Right: An Important Estate Planning Lesson from Burt Reynolds

Unfortunately, far too many celebrity estate planning mistakes were completely avoidable but became a matter of public record due to the way in which the celebrity planned or failed to plan for their future. Amy Winehouse, Prince, and Aretha Franklin are just a few examples of unfortunate estate planning failures. However, when Burt Reynolds passed… Read More »

What Trusts Can Help You Accomplish

  There are many types of trusts, capable of helping you accomplish a variety of goals. However, when most people think about trusts, a Revocable Living Trust is the one they have in mind. A Revocable Living Trust allows you to maintain complete control over your assets while you are alive and after you have… Read More »

The Dangers of Improperly Funding your Revocable Trust

A revocable trust is an extremely popular estate planning tool that can help you plan ahead for your future. It is critical to ensure however that the trust has been appropriately funded. There is significant advantages associated with using a revocable trust, such as avoiding probate and asset management. However, you’ll never be able to… Read More »