What are the differences between wills and trusts? What are wills that create trusts? Can trusts save money on taxes, protect me from creditors, or allow my family member to qualify for Medicaid? Is a will sufficient? Which is right for me? Daniel A. Timins, Attorney at Law, CFP® discusses the many differences between Wills and Trusts, dispels several myths, and explains how both documents function during your life and thereafter. Topics covered include: · How to properly fund living trusts versus testamentary trusts; · Whether or not a will is preferable if you have minor family members; · What to watch out for if you have foreign family members.
New York City, NY; NYC