A revocable living trust is a type of trust that you can create and change at any time. You can also access and use the assets in the trust as you wish. … Read More »
Category: Trust & Wills
Estate Planning for Couples
Author Law Office of Glenn A. DeigPosted on Categories Estate Planning, Planning, Power of Attorney, Trust & Wills Estate planning is the process of arranging and managing your assets and affairs for the future, such as who will inherit your property, who will make decisions for you if you become incapacitated, and who will care for your minor children. … Read More »
Some Beneficiary Designation Mistakes to Avoid
Author Law Office of Glenn A. DeigPosted on Categories Asset Protection, Estate Administration / Probate, Estate Planning, Planning, Trust & Wills Early in my legal career a person’s Last Will and Testament dictated where a person’s estate would go to and who was in charge. Today, a Last Will and Testament is still important … Read More »
What is a pooled special needs trust?
Author Law Office of Glenn A. DeigPosted on Categories Asset Protection, Long Term Care, Medicaid, Planning, Trust & Wills A pooled special needs trust is a “pooled” trust combining the assets of many individuals with each disabled beneficiary having a separate sub-trust. The pooled trust is run by non-profit organizations. … Read More »
Avoiding Probate Just Got Easier
Author Law Office of Glenn A. DeigPosted on Categories Estate Administration / Probate, Planning, Trust & Wills To avoid a formal estate in the Court system, before July 1, 2022, the probate estate of the decedent must have been less than $50,000 less liens, encumbrances, and funeral expenses. … Read More »