Month: December 2017

Irrevocable Trust

The majority of estate plans that have a trust include a revocable, or “living” trust. A living trust allows the grantor (the person who created the trust) to continue altering the trust throughout their life. An irrevocable trust, however, is essentially set in stone once it is created, unless the beneficiary gives permission to make… Continued

Medicaid Planning Misconceptions

There are a number of ill-conceived notions regarding Medicaid, which is an essential part of planning for entering an assisted living facility or nursing home, or utilizing in-home care. Most people cannot afford to pay for the astronomical cost of these types of care or homes. For one, they usually have no income at this… Continued