Trusts are an important tool in estate planning when you have a child or relative who is disabled and has special needs. In Minnesota, we have two types of trusts that are used for setting up a trust for a disabled individuals: a Supplemental Needs Trust and a Special Needs Trust. Although these types of… Read more »
Posts Tagged Trusts
Will v. Living Trust: Choosing the Best Option for You
Wills and Living Trusts are basic components of an estate plan. But what is the difference between the two and which is right for you? The Basics of Estate Planning Before discussing the differences between a Will and a Living Trust, it is important to understand the definition of estate planning. Estate planning is the… Read more »