Tag Archives: trust attorney

Selecting a Trustee- What Matters?

Who Do You Trust? Choosing a trustee requires an appropriate balance between kinship or friendship, expertise and technical knowledge. As a trust attorney one challenging aspect of my practice is the very personal decision by a client about choosing a trustee or trustees (and their substitutes) for his or her many types of trusts. There […]

Read more

Pennsylvania Trusts: Different Types for Spouses and Children

5 Different Types of Trusts for Pennsylvania Spouses and Children   There are a number of different trust law options you can pursue in Pennsylvania if you want to leave your children their inheritance with additional protections. A bypass or family trust (alternatively known as a “credit shelter” trust) enables you to leave a certain […]

Read more

What is a Special Needs Trust?

A special needs trust is a way to provide your disabled loved one without the assets affecting their government eligibility into programs like Medicaid and Social Security Disability. Find out if a Special Needs Trust is right for you. Read the entire Report on Pennsylvania Special Needs Trusts/ Supplemental Needs Trust here.

Read more

Can I Create My Own Special Needs Trust or Supplemental Needs Trust So I am Not Disqualified?

Yes. If you are disabled and receive benefits and a personal injury award and or inheritance and you do not want to be disqualified from government benefits a “self-settled” trust can help. A  “self –settled” trust is frequently created by individuals who have become disabled as a result of an accident or medical malpractice and later receive a personal […]

Read more

How Important is a Trustee in a Special Needs Trust?

The trustee of any trust is an important position. In special needs trusts the trustee has sole discretion to decide what the beneficiary, your disabled loved one, needs and what can be distributed under state laws or federal regulations without disqualifying the beneficiary. They may spend quite a bit of time at the job in order […]

Read more

Who Will Take Care of Your Disabled Child When You are Gone?

Special Needs and Supplemental Needs Trusts Are The Vital Tool To Protect Our Loved Ones When We No Longer Can A special needs trust or supplemental needs trust is a way to provide for your disabled child or disabled loved ones quality of life. The great thing about this type of trust is your child […]

Read more

Make Your Estate Planning Gifts Work – Avoiding The Horrible Mistakes in End of Year Gifting

Are you considering making end of year estate planning gifts to children, grandchildren or great grandchildren? Curious about how much you can give without paying gift tax? This brief video tells you how much you can give without paying taxes. Want to avoid the mistakes that people make that can actually cost your heirs money? […]

Read more