What’s the Difference Between a Revocable and an Irrevocable Trust?
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Q. I read your recent article about wills and probate last week. I decided that I love my family way too much to put them through such a nightmare, costing them their privacy, time, frustration, and money. We’ve decided that a trust is the way my husband and I should go when it comes to estate planning. The question is: should we consider a revocable trust or an irrevocable trust? What are the
differences and similarities? Thanks for your help!
Critter Corner: Questions to Ask at a Family Meeting
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Dear Ernie and Jannette,
My wife and I have a family meeting planned where we will be discussing senior housing and end-of–life options for her mother, who is in the initial stage of Alzheimer’s, so now is a good time to figure out the best way to proceed. I know with all of the different personalities in the room that it won’t be easy. Do you have any suggestions for questions we can address during the meeting?
Thanks!
D. Cisions
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Certified Elder Law Attorney and Medicaid Asset Protection Expert, Evan H. Farr, CELA, has written four best-selling books in the field of elder law. For more information and to order, click here.
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