Texas Wills, Living Wills & Living Trusts: An Estate Planning Guide
Several types of documents can be used in a Texas estate plan; wills, living wills, and living trusts are the most common.
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Creating, Changing & Revoking A Florida Special Needs Trust
How does a special needs trust fit into someone’s general estate plan’ and how do you go about creating, changing or revoking this kind of trust? To find out, we asked Sarah E. Peart, an attorney from Tampa Florida whose practice focuses mainly in the areas of wills, trusts, estate planning and real estate law.
→ Read MoreFlorida Estate Planning: Funding & Administering A Special Needs Trust
A special needs trust, created for the benefit of a disabled individual under the age of 65 who qualifies as disabled under federal law or a relevant state statute, can be a valuable estate planning tool. To explain the pros and cons and how one of these trusts can be funded and administered, we asked a Florida attorney whose practice focuses in this area of the law.
→ Read MoreNew York Supplemental / Special Needs Trust: Be Careful Of Medicaid’s Five Year Look Back Period
A supplemental or special needs trust is designed to either provide additional income for a special child or an individual who has special needs, according to Elliot Schlissel, a New York estate lawyer who has been assisting clients for over 30 years in the New York metropolitan area and in Long Island’s Nassau and Suffolk counties. He says that, while these types of trusts can be beneficial, it’s important to remember that Medicaid has a five year look back period.
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