Many people want to avoid Probate but are not sure what that term means. Here is a simple way to understand Probate. When a person dies owning assets in his or her name alone, an estate must be "opened" by a personal representative to handle the assets and to settle...
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Trusts – Is one right for my family?
Trusts of various types have been described in the last several blogs - Revocable, Irrevocable, Testamentary and Special Needs. There are other types of trusts as well, such as those for charities, pets, or education. Whether or not Trusts are right for your...
Special Needs Trusts
Special Needs Trusts are funded with the assets of a special needs or disabled beneficiary and are intended to preserve eligibility for Medicaid (Medical Assistance), Supplemental Security Income (SSI) and other government benefits. The beneficiary may have obtained...
