A legal trust is a separate legal entity for holding and investing property. These legal trusts (The “trustee”) hold property, usually real estate or investments, for the benefit of another or other people (the “beneficiary”). The person who gives the property for the...
Supplemental needs trusts (also known as “special needs” trusts) is designed not to provide essential support but instead to pay for comforts and luxuries that could not be paid for by public assistance funds, such as education, recreation, counseling, and medical...
Long term care planning is a complex subject and with so many resources at our fingertips, it can sometimes be tough to determine the myths and the realities about the topic. Read on to learn the truth about long term care planning. Fiction: I will never end up in a...
A health care proxy is a document executed by a competent person (the principal) giving another person (the agent) the authority to make health care decisions for the principal if he or she is unable to communicate such decisions him- or herself. Why have one? In case...
Our clients often come to us with questions regarding estate law as it pertains to them, their children, and their aging parents. If you’ve asked yourself any of the frequently asked questions listed below regarding estate law, we would love to answer those...
