Understanding living trusts

The majority of Americans understand what a will is, at least in concept, but many people are not nearly as familiar with living trusts. Living trusts may be important components of estate or long-term care plans. There are two main types of living trusts -- revocable...

Can I change a totten trust?

One of the concerns people grapple with in their estate planning is the ability to change their estate plans when circumstances warrant. Sometimes people want to change their wills to reflect new priorities. Similarly, people may set up a Totten trust but after some...

Providing For A Disabled Child

For any parent, providing for the basic and higher needs of a child is a top priority. As a child grows, a parent's list of concerns typically evolves from worrying about and providing for a child's basic needs and physical safety to ensuring that a son or daughter...

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...


Carol Sikov Gross is a member
of the National Academy of
Elder Law Attorneys