Unfortunately, financial exploitation of the elderly is a frequent occurrence. Exploitation occurs when a person misuses or takes the assets of a vulnerable adult. This includes (but is not limited to) taking money or property, telemarketing scams; getting a senior to sign a deed, will or power of … [Read more...]
What You Might Not Know About Irrevocable Trusts
The Irrevocable Trust comes in many “flavors”, and is usually created during one’s lifetime (thus it is an inter-vivos trust.) It is used extensively in long term care planning since it has multiple benefits that the Revocable Living Trust does not. Even though it is termed as “Irrevocable” that … [Read more...]
How Special Needs Trusts Provide for the Disabled
Protecting Government Benefits When considering how to provide for a loved one with special needs, including someone with a lifetime developmental disability or a present alcohol or drug dependency, who may now or later need government assistance (Social Security Income (SSI) and Medicaid), proceed … [Read more...]
