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The Basics of a Special Needs Trust

The special needs trust is for those people who want to leave property, assets or money to beneficiaries who are disabled. It is a valuable tool to ensure the eligible beneficiary still receives Medicaid Benefits and SSI (Supplementary Security Income). It is a far better option to consider as compared to leaving cash. Leaving any … Read more

Irrevocable Life Insurance Trust: A Useful Planning Tool

If you are already insurable, an Irrevocable Life Insurance Trust (ILIT) could be a good option especially for those seeking to pass wealth to their beneficiaries while avoiding estate taxes. Life insurance owned by an insured will be included in their taxable estate. For some this is not an issue, but for others it can … Read more

Understanding a Revocable Living Trust

[vc_row][vc_column width=”1/1″][vc_column_text]A revocable living trust is a tool used in estate planning to help a person manage them both in this life and even beyond. This means that your assets will be protected even when you are ill and when you pass away. You will have given those left behind some stability as it relates … Read more