Revocable Trusts are familiar to anyone who has considered estate planning. Basically, the Settlor (person creating the Trust) retains complete control over the assets in the trust, can withdraw the principal for any reason, can change the beneficiaries, and can change the successor Trustees. The problem with a Revocable Trust is that whatever you… Continue reading The Flexible Irrevocable Trust Provides Asset Protection
Month: September 2015
Wartime Veterans’ and Widow’s Pension
Abraham Lincoln Called on the Nation to Support it’s Veterans. Veterans who served during WWII, Korea, Vietnam and the Gulf Wars may be eligible for tax free pensions. The pension program is designed to assist veterans and their spouses or widows to cope with the impacted by medical expenses and nursing home costs. The pension… Continue reading Wartime Veterans’ and Widow’s Pension