Trusts and Long Term Estate Planning: Why You Can't Always Trust Your Trust

The trust is a very popular component and tool to be used in our Estate Planning.  Often used Trusts include:  Living Trusts, Testamentary Trusts and Irrevocable Trusts.  Each serves a different purpose; each has a different result.  One common problem that often needs addressing is the over-utilization of the Living Trust for goals or problems that it does not resolve.  We will clearly define the strengths and weaknesses of these different types of Trusts and when to use them.