Fundamental Planning Documents:

Last Will and Testament

– Provide for the distribution of probate assets.

– Plan for changes in circumstances.

– Provide for distribution of property in trust.

– Appoint guardians

– Appoint executors

– Apportion Taxes

Durable Power of Attorney
Medical Power of Attorney Trusts
–  What is a Trust?
–  Creating a Trust
–  Elements of a Trust

    • Settlor
    • Trustee
    • Beneficiary
    • Property
    • Trust Instrument

–  Types of Trusts Implemented in Estate Planning

  • Inter Vivos and Testamentary Trusts
  • Revocable and Irrevocable Trusts
  • Marital Trusts
    • Qualified Terminable Interest Property (QTIP) Trust
    • Reverse Qualified Terminable Interest Property (QTIP) Trust
    • Qualifying Domestic Trust
  • Minor’s Trust
  • Life Insurance Trust
  • Grantor Retained Interest Trust

Medicaid Planning