Trusts

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.

What are the Benefits of a Revocable Living Trust in North Carolina?

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

What are the Requirements of a Valid Trust in Texas?

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

What is a Crummey Trust?

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

The Power of Beneficiary Deemed Owner Trusts for Retirement Assets

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

What is a Miller Trust?

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,

Designing a Trust if Asset Protection is Your Goal

Attorney Rania Combs explains how to design a spendthrift trust for beneficiaries if asset protection is your goal.

How a Spendthrift Trust Safeguards Inheritances

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

Can I Create an Asset Protection Trust for Myself in Texas?

Amendments to the Texas Property Code appear to create a back door to create a self-settled asset protection trust in Texas.

The Power of Beneficiary Deemed Owner Trusts for Retirement Assets

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

What Is an Irrevocable Life Insurance Trust (ILIT)?

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.