Law Journal

When it comes to securing your family's future, estate planning is a crucial step. One of the most effective tools in this process is the use of estate planning trusts. These legal arrangements offer peace of mind by ensuring your assets are managed and distributed according to your wishes. In this post, I want to walk you through why estate planning trusts are so important, especially if you want to protect your legacy and provide for your loved ones in McKinney, Texas.

When planning for long-term care, many families worry about how to preserve what little is left of a loved one’s savings—especially when Medicaid’s strict income and asset rules come into play. Fortunately, there’s a lesser-known but powerful tool that may offer relief: the self-settled trust. If your parent is single and has limited resources, this strategy might be a way to protect their remaining assets while still qualifying for Medicaid.

According to the AARP, only 4 in 10 American adults have completed end-of-life planning. That means the majority of people are leaving their families unprepared for one of life’s most important transitions.

When planning for Medicaid, one strategy to preserve resources while meeting eligibility requirements is the self-settled trust.

Planning for long-term care can be challenging, especially when navigating the financial requirements for government assistance programs...

If you own firearms or other restricted items like suppressors, a gun trust  can be an essential tool in your estate plan. Designed to...