If you wish to create a trust for your family, you do not have to make one right away. You can use your will to form a testamentary trust after your death. This allows you to change your trust as many times as you want by updating your will. While a testamentary trust...
Month: January 2023
Estate administration issues and how to solve them
Did you know that up to 67% of Americans have not planned for after they die? This means that less than half the population has an estate plan of any kind. If you agreed to be the executor or administrator of an estate, you may think this process is relatively...
Will gifting assets hurt your Medicaid eligibility?
Gifting property to family members may give you peace of mind as you get older. You get to see your loved ones enjoy these gifts while you are still alive, plus you can keep your treasured items in the family. However, you should be aware that gifting assets may...
