Using PA UTMA Accounts for Gifts to Grandchildren: We frequently have clients asking about ways they can make gifts to grandchildren. For large gifts (ie. hundreds of thousands of dollars), we will almost most often use some form of irrevocable trust to aid in the proper protection […]
Read more →Archive for the Trusts Category
Many of our clients choose to transfer their homes to a Medicaid Asset Protection Trust. They do this because they want to start the clock ticking on Medicaid’s five (5) year ineligibility period caused by gifting of assets. This is only one part of the over-arching plan […]
Read more →Many people believe that their estate planning is finished when they have prepared and signed a Last Will. There are several documents including, but not limited to, powers of attorney, revocable trusts, irrevocable trusts and medical directives that are likely necessary to establish the cornerstone of a […]
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