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Revocable Trusts...Irrevocable Trusts...Medicaid Trusts...Funding a trust...Using assets from a trust...it's ALL so confusing and if you are unsure of what to do you can completely undo all the good you were trying to do! In other words, you need to understand the objectives of your trust and how whatever you do may influence its effectiveness. Listen to this podcast: "Don't screw up your trusts!" so you can truly understand how they work.
Revocable Trusts...Irrevocable Trusts...Medicaid Trusts...Funding a trust...Using assets from a trust...it's ALL so confusing and if you are unsure of what to do you can completely undo all the good you were trying to do! In other words, you need to understand the objectives of your trust and how whatever you do may influence its effectiveness. Listen to this podcast: "Don't screw up your trusts!" so you can truly understand how they work.