How to know if a trust is right for your family.
There is a lot of confusion about Trusts. The types. Who needs one. Why you need one. What it does for you. How it’s used with Medicaid.
A trust does not take the place of a will. And there is a difference between a revocable trust and an irrevocable trust. How do you know if it’s right for you or your aging parent?
Kim & Mike Barnes of Parenting Aging Parents talk to Attorneys Jeff Barnett and Keith Leuty of Partnering Sponsor Barnett & Leuty, P.C. They discuss the different types of trusts, factors to consider, questions to ask and clear up some of the misconceptions.