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Why DPOA’s (Durable Powers of Attorney) are So Necessary

Why DPOA’s (Durable Powers of Attorney) are So Necessary

Many people believe that if they have a trust and a trustee they don’t need a Durable Power of Attorney (“DPOA”). That couldn’t be further from the truth. Although you may have a clause in your trust that deals with a successor trustee stepping into your shoes if you...
Special Needs Trust

Special Needs Trust

A Special Needs Trust can be a valuable tool for the family of a special needs child. Generally, it is used to protect the public benefits of a person who may in the future receive or currently receives public benefits and is likely to inherit money or receive a...
The Limitations of Transfer on Death Deeds

The Limitations of Transfer on Death Deeds

Transfer on Death Deeds allow an owner of property to transfer the property on his or her death without a will or trust. Transfer on Death Deeds are revocable until the Transferor’s death. A Transfer on Death Deed can be used to transfer: a parcel of property that...
Benefits of a Revocable Living Trust

Benefits of a Revocable Living Trust

A revocable living trust partially substitutes for a will. Your assets (home, bank accounts, investments) are put in the trust by titling them in the name of the trust. The trust assets are managed for your benefit during your lifetime and transferred to your...