Top Five Benefits of an Irrevocable Living Trust in New Jersey
Nowadays, there are many different types of living trusts that are mainly categorized as either revocable or irrevocable. A New Jersey... more
WHAT IS A REVOCABLE LIVING TRUST?
A Revocable Living Trust or otherwise known as a Living Trust or Trust is legal strategy effectively transfer ones assets upon a death or incapacity. Similar to a... more
One of the most common situations I encounter in Estate Administration is an empty trust. An empty trust is a trust that never ends up actually holding any property or assets. Attorneys that do not... more
1. WHAT are Gun Trusts?
A Gun Trust is more formally known as an NFA Multi-Generational Trust. The National Firearms Act (NFA) is an Act of Congress in the United States that, in general, imposes a... more
Many families struggle daily with the demands of caring for a family member with health or developmental challenges. Whether it is autism, Parkinson's, cerebral palsy, birth defects or some other... more
Pulling It All Together
With the information from the Trust Primer and the Medicaid Primer we can now address the question of whether or how trusts can be used in Medicaid planning. Individuals (or... more