If your heirs want to contest a revocable trust, however, they typically have longer than three months to do so. The time is subject to state-specific statutes of limitations, which are typically ...
That was the inspiration for this column. While most of our clients do use a revocable trust, it made me think about the folks who really don’t need one. Below, you will find four scenarios ...
Opinions expressed by Forbes Contributors are their own. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Trusts are common, but there are numerous variations, and there is still ...
Revocable trusts, otherwise known as “living trusts,” do not protect your assets from creditors. In fact, they are subject to collections actions and lawsuits, and they are included when third ...