Legal Advice for Trust Assets — 28 results
Written by attorney Brian A. Raphan, 6 months ago.
People often wonder about the value of using irrevocable trusts in Medicaid planning. Certainly gifting of assets can be done outright, not involving an irrevocable trust. Outright gifts... more
Written by attorney Kimmer Callahan, over 3 years ago.
A Retirement Asset Beneficiary Trust (hereafter RABT)
is a custom-written trust agreement and beneficiary designation. Retirement accounts often make up one
of the largest components of a... more
Written by attorney Steven J. Fromm, over 3 years ago.
The usual and common goal of an asset protection trust is to limit the interests of a beneficiary in such a way so as to prevent creditors from collecting against trust assets.
In most... more
Written by attorney Gabriel Lenhart, about 2 months ago.
INSTRUCTIONS FOR TRANSFERRING
ASSETS TO TRUST
The following information outlines the method by which assets should be transferred into your Revocable Living Trust. If you are uncertain... more
Written by attorney Douglas L. Kaune, about 4 years ago.
When you are unable to obtain long-term care insurance, you should next consider the Medicaid Asset Protector Trust. Outright gifts to children are discouraged because those
Written by attorney Jennifer Peck, about 6 years ago.
Assemble a List of Assets First, it makes sense to determine what assets you own. Often forgotten assets include life insurance, death benefits and retirement plans. Take out your... more
Written by attorney Richard White, over 3 years ago.
There are many different types of trusts, with many different uses.
Historically, one of the reasons people have established trusts is to
preserve assets during their lives while... more
Written by attorney Jeffrey L Crown, over 3 years ago.
Ground rules In order to be able to “stretch out” the Minimum Required Distributions (“MRDs”), there must be one or more “Designated Beneficiaries.”
We’re trying to create a “See-... more
Written by attorney Dagmar Pollex, over 3 years ago.
Today, the risk of
losing your life savings to a long term care illness looms as the largest
threat to your future security.
Thats why one of the biggest questions and
concern many people... more
Written by attorney Susan Horner, 3 months ago.
This guide is designed to give basic advice as to the hows and whens of Domestic Asset Protection Trusts, sometimes called DAPTS What is a Domestic Asset Protection Trust? A “domestic asset... more