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Trusts

Special Needs Trust – What Are They And When Are They Needed?
  • Published: October 8, 2018

As anyone with a special needs person in their life might already know, there are a lot of details and things that need to be done in order to protect and care for your loved one in the best way possible. If you happen to have a loved one with special needs and you don’t have a Special Needs Trust…Read More

How Do I Plan Ahead For My Disabled Child’s Inheritance?
  • Published: June 21, 2018

Parents who have an adult child with special needs must provide him or her with nutrition, clothing, and personal hygiene, transportation to work and appointments, reading notices and attending reviews, managing insurance forms, paying taxes, spending money and recreational and social interaction. Kiplinger’s article, “How to Plan Ahead for a Disabled Child’s Inheritance,” notes that, without a controlled environment and attentive support system…Read More

Are You Sure You’re Not Single?
  • Published: June 1, 2018

A trust can be a valuable vehicle that lets you maximize tax-planning opportunities within your estate plan, detail exactly how you want to distribute your assets and make certain that your vision for your legacy is carried out precisely. Kiplinger’s recent article asks, “What Type of Trust Solution is Best for You?” The article notes that people often make one common mistake when…Read More

How To Take Control Of A Trust
  • Published: May 24, 2018

WTOP’s article, “7 questions to ask when taking control of a trust,” says that while having more wealth at your disposal may give you an increased sense of security, it’s also natural to have some fears about making a poor decision with new wealth. However, asking a few questions may give you the information that you need to be more confident. What are…Read More

Wyoming High Court Reviews
  • Published: April 27, 2018

The Supreme Court of Wyoming recently reviewed a trust case involving an in terrorem clause or no-contest clause. It’s a term in a legal document that’s designed to threaten someone, usually with litigation or a penalty, for acting or to keep someone from acting. In this case, a trust's in terrorem clause stated that any challenge made by or on behalf of the settlor's…Read More

Estate Planning Is Critical, Especially With The New Tax Law
  • Published: April 20, 2018

The new tax law will greatly decreases the number of people who will be subject to the federal estate tax. This does not mean you don’t need an estate plan. In fact, you need to review your plan now. Forbes’ recent article, “7 Reasons To Revisit Your Estate Plan, Trump Tax Law Aside,” says that even if one’s estate is unlikely to be…Read More

Ask Your Estate Planning Attorney About a Trust
  • Published: April 16, 2018

Creating a trust can help assure that assets are distributed more quickly, bills are paid promptly and continuously and personal information about property and other assets remains private. The New York Times recently published an article, “Life After Your Death? Here’s Why You Should Have a Trust.” The article explained that trusts have often been thought of a way for wealthy people to…Read More

Elderly Houston Woman Falls Victim to Financial Abuse
  • Published: March 15, 2018

“An elderly Houston woman says an on-line coin seller, based in New York, took advantage of her loneliness to sell her $1.3 million in gold and silver coins at inflated prices.” Seventy-two-year-old Patricia Thomas recently sued the National Collector's Mint in federal court in Houston, claiming that one of its sales representatives, under the guise of "checking in" with her,…Read More