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How long does it take to establish an irrevocable trust?

May 11, 2025 by admin

Establishing an irrevocable trust is a significant legal undertaking, and the timeline can vary considerably. Unlike a revocable trust, which …

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How is “reasonable” trustee compensation determined by law?

May 11, 2025 by admin

Determining “reasonable” trustee compensation is a complex legal issue, governed primarily by state law and guided by principles of fairness, …

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How is a testamentary trust taxed?

May 11, 2025 by admin

Testamentary trusts, created within a will and taking effect after death, offer a powerful estate planning tool, but understanding their …

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How far in advance should I set up an irrevocable trust for Medicaid?

May 11, 2025 by admin

Planning for potential long-term care needs, and specifically considering an irrevocable trust for Medicaid eligibility, is a proactive step many …

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How does a testamentary trust work?

May 11, 2025 by admin

A testamentary trust isn’t something you create *during* your lifetime, like a living trust. Instead, it springs into existence *after* …

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