How far in advance should I set up an irrevocable trust for Medicaid?
Planning for potential long-term care needs, and specifically utilizing an irrevocable trust for Medicaid eligibility, is a complex process with …
How does a testamentary trust work in community property states?
A testamentary trust, created within a will, presents unique considerations in community property states like California, Arizona, Nevada, New Mexico, …
How does a testamentary trust affect the probate timeline?
Testamentary trusts, created within a will, are powerful estate planning tools, but they introduce a layer of complexity that directly …
How do you work with clients who own offshore accounts?
Navigating estate planning for clients with offshore accounts requires a specialized approach, blending a deep understanding of U.S. tax laws, …
How do you manage coordination between estate documents and business buy-sell agreements?
The seamless integration of estate planning documents and business buy-sell agreements is paramount for business owners. Often, these are crafted …
How do you handle estate plans involving international assets?
Estate planning is already a complex undertaking, but when international assets are involved, the layers of difficulty multiply. As an …
How do you ensure the estate plan aligns with my personal values?
Creating an estate plan is far more than just a legal exercise; it’s a deeply personal reflection of your life’s …
Should I put my bank accounts in a trust?
The question of whether to transfer ownership of bank accounts to a trust is a common one for individuals considering …
Should I Give My Financial Advisor a Copy of the Trust?
The question of whether to share your trust documents with your financial advisor is a common one, especially for clients …
Is the trust required to file its own tax return?
The question of whether a trust is required to file its own tax return is surprisingly nuanced, and often causes …