Revocable Trusts
A "living trust," also known as a "revocable trust," supplements a Last Will and Testament and when successfully funded, can allow a complete or partial avoidance of the time and expense involved in probate proceedings after death. During the trust ...
Irrevocable Trusts
Irrevocable trusts are trust which cannot be revoked from the inception of the document. Generally, irrevocable trusts are used for estate tax planning purposes and occasionally for long term care planning. Because they may lack flexibility, an irrevocable ...
Special Needs Trusts
Special Needs Trusts The terms "special needs", "supplemental needs", and "supplemental care" trusts refer to trusts which allow someone who is receiving, or wishes to apply for, public benefits, to keep their own funds while still qualifying for the public benefits ...
