Trusts aren’t just for the wealthy. They offer practical benefits for many families, from avoiding probate to protecting a loved one’s inheritance. The right trust depends on your goals and circumstances.
A Revocable Living Trust is a tool that helps North Carolina families keep control of their property while they are alive and well, transition management of their affairs if they become incapacitated, and transfer property
When clients ask whether a trust might be right for them, one of the first things we talk about is what actually makes a trust valid under Texas law. Many people assume trusts are complicated
When I suggest a Crummey Trust to clients, I often get a smile and a puzzled look. “Why would I want a crummy trust?” they ask. Despite the name, a Crummey Trust is a practical
If you have a large retirement asset that you intend to pass to your beneficiaries in trust, consider updating your estate plan to include Beneficiary Deemed Owner Trusts (BDOT) provisions. In the wake of the
Texas is one of 12 states that have an income cap to qualify for Medicaid long-term care. That means some people who need nursing home care have too much monthly income to qualify for Medicaid,
A spendthrift trust is a powerful estate planning tool that can help safeguard inheritances for beneficiaries who may be prone to poor financial decisions. Whether due to immaturity, addiction, or other personal struggles, some beneficiaries
If you have a large retirement asset that you intend to pass to your beneficiaries in trust, consider updating your estate plan to include Beneficiary Deemed Owner Trusts (BDOT) provisions. In the wake of the
An Irrevocable Life Insurance Trust, or “ILIT” is an irrevocable trust that own life insurance. Historically, Americans have used ILITs as a vehicle to make gifts to beneficiaries that take advantage of the annual gift
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From simple wills to complex trust plans, clients consistently note Rania’s responsiveness, clarity, and care throughout the process.
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The information contained in this website is provided for informational purposes only and should not be construed as offering legal advice or creating an attorney-client relationship between the reader and the author. You should not act or refrain from acting on the basis of any content included in this website without seeking appropriate legal advice about your individual facts and circumstances from an attorney licensed in your state. Rania Combs is licensed to practice law in Texas and North Carolina. Rania Combs is physically located in Chapel Hill, North Carolina and meets with clients in Houston, Texas by appointment only.
