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- AlerStallings

Even when you feel confident in the staff and capabilities of the nursing home you chose, it’s hard not to worry about the well-being of your loved one when you’re not there. That’s why it’s important for everyone with a family member in long-term care to know about a new law that took effect on March 23 of this year. It’s called Esther’s Law, and it permits nursing home residents and their representatives to authorize and install electronic monitoring devices in their rooms to keep an eye on their care.  

 

The law is named for Esther Piskor, who was tragically abused and neglected by nursing home staff in the final few years of her life. Her son, Steve, visited her often, yet staff never mentioned anything out of the ordinary about Esther’s care. He caught the abuse after placing a hidden camera in Esther’s room. Following Esther’s passing, he worked with lawmakers to create and pass the bill in his mother’s honor and empower other families to take similar measures to protect their loved ones. 

 

Because electronic monitoring impacts other parties—including nursing home staff and fellow residents, particularly those in a shared room—the decision to monitor has some caveats, which the law addresses. For example, the roommate of a resident who wishes to install electronic monitoring must consent to the monitoring before it can be installed. If a roommate cannot consent for themselves, consent may come from their representative. Roommates (or their representatives) also have the right to request conditions to protect their privacy. Those conditions must be honored, and the roommate can revoke their consent at any time. If a roommate does not want the electronic monitoring installed, the nursing home must move the resident requesting electronic monitoring to another room with the resident’s consent.  

 

As far as the facility is concerned, Esther’s Law allows for notification to be posted outside the resident’s room to inform those who enter that electronic monitoring is being conducted. A resident who uses electronic monitoring may not be retaliated against, nor may their decision be used against them in admissions or discharge. Further, facilities are prohibited from destroying, obstructing, or tampering with the monitoring system or its recordings.  

 

For many families, this law represents an opportunity to gain insight into the treatment of their loved ones and peace of mind. After working with Ohio families for years on nursing home protection and elder care, it’s a subject that’s close to our heart.  

 

If you’d like more information on Esther’s Law, contact the Ohio Department of Aging’s Long-Term Care Ombudsman Program at 1-800-282-1206 or OhioOmbudsman@age.ohio.gov. 

 

- AlerStallings

Recently a client asked us: 

 

“If my house is in a trust and I sell it to buy a new one, does the five-year clock restart?” 

 

That is an excellent question, and one that some of you may be wondering as well. So, we thought we’d share the answer here.  

 

First, for those who aren’t familiar with the “five-year clock” mentioned above, it’s a reference to the five-year lookback period for Medicaid eligibility. In order to stay under the asset limit to qualify for Medicaid, some people may try to gift or transfer their assets to others. Such financial activity in the five years prior to the application date could disqualify an applicant. That’s why when we talk about putting assets in an irrevocable trust—particularly an asset protection trust—we encourage clients to do so at least five years prior to when they could need long-term care.  

 

Now, back to the question. The client wants to know if they’ll have to wait another five years for the new house to be protected by the trust. The short answer is no. Here are the details. 

 

Let’s start with the business of selling the home in trust. For the sake of this question, let’s assume the house is sold for a profit, or at least breaks even. The trustee would see to it that the money from the sale is deposited into a bank account owned by the trust. That account would then be used to purchase the new property for the beneficiary. This would not cause the lookback period to reset. 

 

That’s the answer in a nutshell. Since your circumstances may vary, it’s always wise to consult with an estate planning attorney to ensure the transactions would not put your assets in jeopardy. Here at AlerStallings, we know questions like these come up often, and it’s important to have a trusted resource who can provide timely, accessible guidance. For this reason, our attorneys offer lifetime support for the plans we create and no-fee phone calls, so life’s most important questions never go unanswered. 

 

Got a question we can help with? Here’s how to get in touch. 

- AlerStallings

When you choose an estate planning attorney, you’re not just selecting someone for a one-time engagement. Ideally, you’re selecting someone you can rely on for years to come. That’s why we compiled this list of questions to help you select the right partner for your estate planning. Here’s what we recommend you ask and why:  

 

1. In your opinion, what is the greatest risk in retirement I need to guard against?

Long-term care is a sizeable expense, costing thousands of dollars per month. You might think you won’t need it, but recent data suggests most retirees will. Without proper planning, long-term care could easily overcome your savings—and worse—cost you your home. It’s important to have an estate planning attorney who is attuned to this issue and will provide you with asset protection strategies.
 

2. How do you charge for estate plans and how long does each case take from start to finish?

If an attorney can’t readily offer an answer to this question, that’s a red flag. Clear expectations are critical for a successful relationship.
 

3. How do you support the plans you build? 

As mentioned above, estate planning is something you should be revisiting annually and as your life changes to ensure your plan is up to date and still provides adequate protection. When life gets busy, you may not remember to check in with your attorney about whether it’s time to update your plan. Will they check in with you? Or, if you have a simple question, will you get a bill for the call?  

 

4. Will you support my plan if I go into a nursing home? 

 

You’ll want to get a sense of how (or if) the attorney would be there for your family during a crisis. Do they have a team with dedicated expertise to assist with these situations? And will your family have to worry about a surprise bill? 

 

5. What happens if you retire or stop practicing law? 

 

Remember, you hope for this to be a long-term relationship. You want to know exactly who to call, especially in the event of a crisis when finding someone new would be stressful. Understanding your attorney’s succession planning is important. 

 

6. What is the average estate size of your planning clients? 

Finding an attorney who works with clients whose net worths are similar to yours can make the difference when it comes to their experience in asset protection planning 

 

7. How many estate plans has your firm supported?

With this question, you’re looking to get a sense of the firm’s longevity and experience. How long have they been in business and what is the size of their practice? Is estate planning their focus, or just a small part of what they do? 

 

We know that finding the right estate planning attorney can be stressful. To make it easier, we’ve created a downloadable guide, complete with space for notes, that you can print out and take to consultations. It includes all the questions above, more insights, and our own answers to these questions so you can compare.  

 

Download your free copy here. Or, if you’d like to connect with one of our caring attorneys, click here to schedule a free 15-minute phone consultation. 

- AlerStallings

What is an estate plan? How often should it be updated? What are the essentials for an estate plan? How do you protect assets from a nursing home stay?

 

Watch Anna break it all down on the Expedition Retirement Show℠.

 

 

We know protecting against long-term care costs can be complicated, and the right attorney can make it much easier to navigate. If you think you may need a trust or have questions about creating one, we’d be happy to help. Schedule a complimentary phone consultation with one of our attorneys today.

- AlerStallings

The Medicaid Spend Down Rule Explained 

 

Choosing a nursing home is stressful, and figuring out how to pay for it isn’t any easier. That’s what makes the confusion about what Medicaid and Medicare cover all the more difficult. There is a way to get assistance with your long-term care costs, but you must first understand the ins and outs of the Medicaid Spend Down Rule and take action at the right time.  

 

First, let’s address one of the most common misunderstandings about Medicare and long-term care. While Medicare does pay for short-term care under limited circumstances, it will not cover long-term care. That means if you’re enrolled in original Medicare (Medicare Part A) and have a qualifying hospital stay (at least three days of inpatient, not for observation), Medicare will pay a portion of the cost of your stay at a skilled nursing facility afterward for up to 100 days. The catch is that you must be admitted for the same reason you were hospitalized within 30 days of leaving the hospital.  

 

So, what happens after those 100 days, or if you never had a qualifying hospital stay, and can’t afford the continued cost of long-term care? Theoretically, that’s where Medicaid would come in. The problem is you may have too much money. Not only does Medicaid have eligibility limits, it also has rules regarding your countable assets in excess of those limits. This is designed to keep people from disposing of their assets at a moment’s notice—say by transferring everything to their adult child—to qualify for Medicaid. However, that’s not the end of the road. You could potentially qualify through a Medicaid Spend Down. 

 

In a Medicaid Spend Down, you’ll use the money you have in excess of the eligibility limit to pay for qualifying medical expenses until your excess income is expended. Qualifying expenses include medical bills for you or your spouse, prescription drugs, hearing aids, eyeglasses and more. It’s like how a deductible works with your health insurance—you have to pay a certain amount out of pocket before coverage kicks in.  

 

Unfortunately, there’s no such thing as a free lunch. Medicaid will want reimbursement. If you’re single, Medicaid will use your home and other assets to offset the cost of care. if you’re married, Medicaid will wait until both you and your spouse have passed or entered a nursing home. Let’s look at an example: 

 

Jack and Jill have $240,000 in assets. Jack falls down and needs nursing home care. They pay out of pocket for care until they’ve spent down the money in excess of their Medicaid eligibility limit (no more than $2,000 in countable assets for a single person, or in Jack and Jill’s case, $130,380 for a married couple). Now they can receive Medicaid coverage. Under Medicaid’s rules, they can keep the home so Jill has somewhere to live while Jack is in the facility; however, Medicaid puts a lien on the house. Once Jill passes away or goes into a long-term care facility, the house will go into foreclosure.  

 

 

Here are a few ways Jack and Jill could have kept their home: 

 

1.) They could have hired an elder law attorney to try to save at least some of their assets. However, there’s no guarantee on how much they’d be able to retain. 

2.) They could have purchased long-term care insurance. However, because it’s expensive and hard to qualify for, it may have been beyond their reach. 

3.) They could have gotten an asset protection trust, a type of irrevocable trust that would have shielded their assets from the nursing home. For this to be effective, they would have had to put their assets into the trust at least five years prior to when Jack needed long-term care to avoid the Medicaid lookback period. 

 

Of those options, the third is the best. And while option two—long-term care insurance—isn’t possible for many people, creating an asset protection trust is. It can be a powerful tool, but remember: it’s just one type of trust in a toolbox that contains many others. It’s wise to consult with an elder law attorney to explore all your options.  

 

- AlerStallings

Receiving an unexpected prognosis happens differently for everyone, but the earth-shattering effects are heartbreaking no matter what. In our practice, we’ve helped many families through these difficult situations. We know that in the wake of receiving the news, it can be hard just to put one foot in front of the other. That’s why we want to share our recommendations for what to do next:

 

 

1. Ensure Safety

 

First and foremost, it’s important that your loved one and those surrounding them are safe. Everything else can wait until you’re confident your loved one isn’t going to be at risk in their daily activities and has the right team in place to support them. That can mean:

 

– Eliminating trip hazards in and around the home

– Securing the level of support their condition requires, such as in-home or 24-hour care

 

 

2. Evaluate Legal Documentation

 

Once your loved one’s physical safety is secured, it’s time to locate and review their estate plan. You’ll want to understand what documents are in their plan, such as wills, trusts and powers of attorney. Knowing where those documents are will ensure they’re accessible when needed. It also enables you to engage an elder law attorney to update the plan if necessary so your loved one has all the appropriate legal tools in place to protect them. This is a crucial step, as out-of-date or inadequate estate planning could potentially leave your loved one’s finances and final wishes in peril.

 

 

3. Achieve Financial Awareness

 

Speaking of finances, your next step is to understand where your loved one’s accounts are located and who currently has access to them. If your loved one’s significant other relies on the funds in these accounts for financial support, you’ll want to make sure their access is maintained. This will be an important step if your loved one gave someone power of attorney to handle their financial matters.

 

 

4. Secure Care

 

In the first step, the focus was securing your loved one’s safety immediately. Now, it’s time to consider what level of care they’ll need long-term. Navigating the different types of specialists and facilities can be confusing, but your loved one’s physician will likely provide some guidance on options suited for the type of care your loved one will need. In most cases, choosing the exact provider or facility isn’t something the physician can do for you, but that’s why you’re addressing this step now. Doing so gives you more time to do your due diligence and ask the right questions so you feel confident in your decision.

 

 

5. Create a Protection Plan

 

With your loved one’s physical well-being addressed, it’s time to ensure the well-being of their assets. The cost of care—both short-term and long-term—can quickly erode their savings without proper planning. Those who don’t take action may even be at risk of losing their home. Thankfully, there are legal tools that can guard against this, such as an asset protection trust. Assets put in an asset protection trust, including investments and your loved one’s home, are shielded from the cost of care so long as they’ve been in trust for at least five years, which is the Medicaid lookback period. But even if this isn’t an option for your loved one, an elder law attorney can provide other options to minimize their financial risk without compromising the care they need.

 

Finally, it’s important to know you’re not alone in this difficult time. Our caring attorneys are here for you to provide a listening ear, guidance and comfort in the way forward. As hard as it may be to know what to do next, just by virtue of seeking out this information you’re already well on your way to doing right by your loved one.

 

- AlerStallings

When it comes to evaluating a long-term care facility, certainly you want to find a place where you and your loved one feel comfortable with the environment and the care provided. While you can’t underestimate your gut feeling on a decision of this magnitude, sometimes it helps to have a set of questions that guide the discussion and help you feel confident that you’re making the right choice. Here are the top five we recommend: 

 

 

1.) What is the staffing ratio and your rate of turnover?

 

You’ll want to know there are enough staff on hand—specifically nursing staff like licensed practical nurses (LVNs and LPNs) and certified nursing assistants (CNAs)—to provide quality care.

As of this writing, Medicare.gov indicates that the national average for total number of nurse staff hours per nursing home resident per day is 3 hours and 46 minutes. You can use their search tool to see how nursing homes near you stack up. For some nursing homes, staff turnover rates are also displayed; however, if it’s not available, don’t be afraid to ask the nursing home directly. 

  

 

2.) Do you put a plan of care in writing for each resident?

 

This is a good opportunity to discuss: 

 

– Whether the facility can meet your loved one’s needs (be specific!) 

– If the facility offers progressive levels of care (such as ventilators or specialized Alzheimer’s and dementia care) 

– How often the plan of care is updated  

– What services are included, and which will incur an extra fee 

 

It’s important to have confidence that you or your loved one will receive the standard of care you expect within your budget and that changing needs will be addressed in a timely fashion. Having the plan in writing ensures that everyone on the care team is on the same page and expectations are documented.   

 

 

3.) Is there a licensed physician on staff? Can residents see their own physician if they want to? 

 

In the event of an acute medical problem, you’ll want to know who will respond (and how quickly). Find out if there is a physician on staff and how often they are on the premises. If your loved one would be required to see this physician, find out if you could meet them in advance to assess their bedside manner. If you’d prefer to use your own physician, confirm with both the nursing home and your doctor how rounding would work. 

 

 

4.) How do you ensure the emotional well-being of your residents? 

 

Sure, you’re evaluating the nursing home’s ability to physically care for your loved one, but it’s also important to consider how they’ll care for their mental health. Some things you may want to consider include: 

 

– The policy for visitors, such as hours and restrictions 

– The types of activities offered and their frequency 

– Whether religious services are available 

– Access to outdoor areas like patios and gardens 

– How often cultural events are offered 

– The quality of the dining program, including menus that feature diverse cuisines 

 

Simply put, consider what makes your loved one smile and make sure they’ll still have access to the things that give them joy. 

 

 

5.) How are your employees selected and vetted? 

 

With cases of elder abuse on the rise, you can never be too careful in evaluating the people and facilities who will be entrusted with the care of your loved one. Unquestionably, all employees should have their backgrounds checked and their qualifications verified by the facility as a condition of hire. Staff members should be clearly identified with name tags or security badges at all times. 

 

When you visit a facility, interact with staff at all levels, not just the marketing director who leads the tour. Get an impression of how they respond to patients and trust your instincts. If you notice an unpleasant smell in the facility, a lack of cleanliness, lax security measures, or employees that seem disengaged from the residents, those are important warning signs you shouldn’t ignore. 

 

Choosing a nursing home can be stressful, but knowledge is one of the most important ways to make the process easier. Don’t hesitate to take these questions with you when you visit a facility, so you can truly be in the moment and focused on your loved one. And above all else, know that though you may be concerned about whether you’ll make the right choice, the simple fact that you’re doing this important research means you’re already on the path. 

- AlerStallings

If you follow our blog, you understand why you need an estate plan and how it can provide peace of mind for your loved ones when you’re gone. But what about your own peace of mind? How can you be sure your assets are protected against threats to your estate while you’re alive? That’s where asset protection attorneys come in.

 

Estate Planning vs. Asset Protection

In estate planning, we’re focused on creating wills, trusts, powers of attorney, and other documents associated with end-of-life planning. These legal documents outline who has legal authority to make decisions on your behalf in the event you become incapacitated, what should happen to your assets and property upon death, and who should be the executor of your estate. These documents are all important, but they don’t address how to protect your assets during your lifetime. For that, you’ll need an asset protection attorney.

 

An asset protection attorney looks at areas where you may be exposed to liability and utilizes legal tools to protect you. When people think of liability, property damage and personal injury are what usually comes to mind. Certainly, you need to be protected against these, but there’s also a major liability many retirees don’t plan for: long-term care.

 

The Risk of Long-Term Care

As we mentioned in a previous blog post, out-of-pocket medical expenses incurred in the five years prior to death leave one in four seniors bankrupt. That includes long-term care costs. Despite the risk, many retirees remain unprotected.

 

That’s why you need an asset protection attorney. Like estate planning attorneys, asset protection attorneys utilize trusts, but they use them to shield your assets from creditors, including nursing homes.

 

Why is this so important?  Because we simply don’t know what the future holds. We don’t know whether you’ll need long-term care, or for how long. Without an asset protection trust, if your long-term care costs exceed your assets, you could lose your home. For many families that’s a devastating possibility.

 

The Importance of Planning Ahead

An asset protection trust could prevent this situation, but it requires forethought. That’s why talking with an asset protection attorney early on is so important. Asset protection trusts require assets to be held in trust for at least five years to be fully protected. Other options are available if you’re in a situation where your assets are currently at risk. But if you have the luxury of time, being proactive is the best approach.

 

At AlerStallings, we understand that estate planning and asset protection shouldn’t exist in silos; they go hand in hand. That’s why we take an integrated approach that makes it easier for you and your family to get the protection you need with just one call. Schedule a 15-minute, no-cost, no-obligation consultation with one of our attorneys to learn more.

- AlerStallings

As estate planning and elder care law attorneys, we’ve dealt with a lot of situations—from common ones many of us will experience to more unusual ones. They all have common threads, specifically, key takeaways that could help other clients avoid sticky situations down the line. Here’s how to avoid 10 of the most common estate planning mistakes: 

 

1. Sending Your Kid to College Without a Healthcare Power of Attorney 

Twin XL sheets? Check. Bin full of snacks? Check. Healthcare Power of Attorney… wait, what? You won’t find it on any college packing list, but it should be. Many students will be living away from home for the first time—whether that’s across town or across the country. In the event of an emergency, your student—who is now over the age of 18—will no longer be treated as a minor. That means you won’t be able to make decisions for them in the event they’re incapacitated. Putting in place a Healthcare Power of Attorney will provide a safety net. 

 

2. Creating Estate Planning Documents Online 

Millions of others have done it, so what could go wrong? A lot, actually. Algorithms can only do so much. You can still end up using the wrong form or editing the document’s language in a way that contradicts other portions of your estate plan. Plus, should you need representation down the line, you won’t have a relationship with an attorney who can help. Bottom line: think twice before using websites that rhyme with Seagull Doom. 

 

3. DIY-ing the Population & Execution of Your Estate Planning Documents 

Like #2, we don’t recommend DIY-ing your estate planning offline either. Creating documents really ought to be done by an attorney. And, in order for your documents to be properly executed, you’ll need to have witnesses. There are requirements for who can and can’t serve as a witness and they vary by jurisdiction. An attorney can make sure it’s done correctly.

 

4. Over-reliance on a Will 

A will alone will not help you avoid probate, nor can it implement a schedule for the distribution of your assets or help you reduce your tax burden. It’s a common misconception that a will is all you need, when in fact, wills have a number of limitations. In many situations, additional estate planning is required to ensure your wishes are carried out as desired. 

 

5. Working with a Firm That Doesn’t Support What They Create 

Many law firms will sell you the documents you need, but not provide the support necessary to ensure those documents work the way they should. For example, a firm might help you create a trust, but leave you to figure out how to adequately put your assets in it. Or, if you buy assets after the trust is put together, there’s no one you can rely on to help you add them. That’s why we provide no-fee phone calls and lifetime support for the plans we create.  

 

6. Not Updating Your Estate Plan When Someone Passes Away 

Understandably, updating an estate plan isn’t always on your mind following the loss of someone you love. But unfortunately, having an outdated estate plan only causes more heartache, especially if your beneficiaries, powers of attorney, schedule of assets and other critical documents are no longer correct. Even if you haven’t experienced a loss, it’s still important to revisit your plan at least every five years, because laws and procedures change.  

 

7. Ignoring the Risk of Long-Term Care Costs 

Most plans don’t address long-term care, which is coincidentally the largest risk to your estate. In fact, 70% of people over the age of 65 will need long-term care. Having a plan for how you’ll address those costs can ensure that a surviving spouse isn’t impoverished or at risk of losing the family home. 

 

8. Using an Estate Planning Attorney Instead of an Elder Law Attorney 

Estate planning attorneys address what happens after you die. But what about when you’re alive? That’s where an elder law attorney comes in handy. Elder law attorneys can address both scenarios and that’s important as you age. They can help with key issues in retirement, like protecting your assets and helping you access benefits you may be entitled to—like VA benefits or Medicaid. 

 

9. Not Considering the Age of Your Attorney (in Relation to Your Own Age) 

Simply put, you need an attorney who will be alive when you die. Hiring someone older than you could mean they retire or hand off their practice just when you need them most, leaving you in a lurch if you don’t have a relationship with their replacement.  

 

10. Creating a Life Estate 

A life estate gives you use of your property during your lifetime, then transfers ownership upon your death to the heir you’ve designated. Some people choose a life estate because it helps them avoid probate. However, life estates have serious drawbacks, like relinquishing your ability to make major decisions regarding your home. Additionally, they lack the tax advantages some of the alternative options offer. Many people don’t realize the government will want its cut in taxes before the property transfers.  

 

What’s the best way to avoid these mistakes? Working with a trusted attorney who will be there to support you through every season of life. Learn more about how we serve our clients with heart, or get in touch to set up a complimentary phone consultation with one of our caring attorneys. 

- AlerStallings

The adage, “where there’s a will, there’s a way” holds true for many things. But when we’re talking about a will in the sense of a legal document, it has its limitations. So how do you know if a will is sufficient for your estate planning needs? Ask yourself these questions: 

 

1. Do you need to designate who would care for minor children? 

You can use a will to designate who would care for a minor child in the event of your passing. You can even designate a separate person to manage their financial care. For this purpose, a will is enough. However, if you want to specify how the child should be raised—such as preferences for religion or education—you’ll need a trust.  

 

2. Do you wish to specify distribution schedules? 

A will can specify who will receive your assets when you pass away, but it won’t control the timing and cadence of distributions, or how the inheritance is handled. If that’s not a concern, a will could be fine. But if you’d like more control, you’ll need a trust. 

 

With a trust, you can space out distributions so your beneficiaries won’t receive it all at once. Or you can specify that a distribution happen at a specific age or once certain conditions are met. In some cases, you may also specify that the inheritance pass in trust to a second generation—say a grandchild—should something happen to the original beneficiary. These are just a few examples of how a trust can provide a greater measure of control and customization. 

 

3. Are you hoping to avoid or reduce estate taxes? 

If so, a will won’t do the trick. We all want to maximize what we’re able to provide our heirs. Yet, unfortunately, many families underestimate just how much federal and state taxes can eat into the inheritance they leave behind. If this is a concern for you, there are certain trusts that can reduce or eliminate your tax burden and that of your heirs. Among the options are life insurance trusts and asset protection trusts. More on those here. 

 

4. Do you want to avoid probate? 

You might have heard that wills can avoid probate, but that’s actually not the case. All wills go through probate. If you really want to avoid probate, you’ll need—you guessed it—a trust.  

 

Why would you want to avoid probate? It’s expensive, which can cut into the inheritance your loved ones receive. And it can be time consuming, which means your loved ones could experience a delay in receiving what you’ve left them. Further, it’s a public process, where your will must be validated by a judge. People who were not included in your will, but feel they should have been, can contest your wishes. A trust can help you avoid this by making it possible for assets to pass to your heirs privately outside of probate. 

 

 

5. Do you have jointly owned property or property with designated beneficiaries? 

There are certain classes of property a will can’t address. One of those is jointly owned property, which is anything that’s owned equally by two or more parties. In this situation, property automatically passes to the other surviving owner, so it cannot be left to someone else in your will. 

 

Another class of property that you can’t put in a will is anything that already has a beneficiary clearly stated, such as retirement plans, insurance policies, or stocks and bonds set to transfer to someone else upon your death. 

 

Does that mean for these classes of assets your options for avoiding probate, taxes, and controlling distributions are limited? Not necessarily. If the asset is placed in trust, you could still enjoy the benefits mentioned above.  

 

If your answers to these questions have you wondering if you might need a trust, we have some resources to help. In our Estate Planning 101 series, we walk you through some of the scenarios where a trust makes sense and explain why. We also recommend you check out our Cheat Sheet to Understanding Trusts in Retirement, which breaks down some of the most common terms you’ll hear and what various types of trusts can and can’t do.  

 

Finally, while we know the world of trusts can seem complicated, the right attorney can make it much easier to navigate. If you think you may need a trust, or have questions about creating one, we’d be happy to help. Schedule a complimentary phone consultation with one of our attorneys today.