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	<title>Mason Law, PC &#187; Trusts generally</title>
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	<link>http://masonlawpc.com</link>
	<description>Medicaid, Nursing Home Law, Special Needs Law, Wills and Trusts in North Carolina</description>
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		<title>Naming A Trust As IRA Beneficiary: Great Idea? Bad Idea?</title>
		<link>http://masonlawpc.com/2011/10/naming-a-trust-as-ira-beneficiary-great-idea-bad-idea/</link>
		<comments>http://masonlawpc.com/2011/10/naming-a-trust-as-ira-beneficiary-great-idea-bad-idea/#comments</comments>
		<pubDate>Sun, 02 Oct 2011 21:34:25 +0000</pubDate>
		<dc:creator>Bob Mason</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[IRAs & Retirement Plans]]></category>
		<category><![CDATA[Medicaid]]></category>
		<category><![CDATA[Nursing Homes]]></category>
		<category><![CDATA[Special Needs Planning]]></category>
		<category><![CDATA[Tax Issues]]></category>
		<category><![CDATA[Trusts generally]]></category>
		<category><![CDATA[estate planning]]></category>
		<category><![CDATA[IRA]]></category>
		<category><![CDATA[Irrevocable trusts]]></category>
		<category><![CDATA[special needs trusts]]></category>

		<guid isPermaLink="false">http://masonlawpc.com/?p=1256</guid>
		<description><![CDATA[According to conventional wisdom you should always name your spouse as beneficiary of an IRA. Let’s smash some traditional pumpkins (I am writing this in October, after all). Read on to understand why it might be a great idea to name a trust as the beneficiary of an IRA and what some of the trade-offs [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Sole Benefit Trusts and Special Needs Trusts</title>
		<link>http://masonlawpc.com/2011/09/sole-benefit-trusts-and-special-needs-trusts/</link>
		<comments>http://masonlawpc.com/2011/09/sole-benefit-trusts-and-special-needs-trusts/#comments</comments>
		<pubDate>Sun, 18 Sep 2011 22:10:39 +0000</pubDate>
		<dc:creator>Bob Mason</dc:creator>
				<category><![CDATA[Medicaid]]></category>
		<category><![CDATA[Special Needs Planning]]></category>
		<category><![CDATA[Trusts generally]]></category>
		<category><![CDATA[sole benefit trust]]></category>
		<category><![CDATA[special needs trusts]]></category>
		<category><![CDATA[transfer penalty]]></category>

		<guid isPermaLink="false">http://masonlawpc.com/?p=1243</guid>
		<description><![CDATA[A Sole Benefit Trust is an often neglected yet important type of Special Needs Trust that can be useful in planning for certain categories of individuals with disabilities. For example, a “Sole Benefit Trust” can be a useful solution for a disabled grantor who wishes to protect funds intended for a loved one with disabilities [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>10 Great Ways to Cause an Elder Law Train Wreck</title>
		<link>http://masonlawpc.com/2011/08/10-ways-to-cause-an-elder-law-train-wreck/</link>
		<comments>http://masonlawpc.com/2011/08/10-ways-to-cause-an-elder-law-train-wreck/#comments</comments>
		<pubDate>Tue, 30 Aug 2011 21:38:44 +0000</pubDate>
		<dc:creator>Bob Mason</dc:creator>
				<category><![CDATA[Advance Directives]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Medicaid]]></category>
		<category><![CDATA[Medicare]]></category>
		<category><![CDATA[Special Needs Planning]]></category>
		<category><![CDATA[Trusts generally]]></category>
		<category><![CDATA[Wills (or Not!)]]></category>
		<category><![CDATA[Elder Law Planning]]></category>
		<category><![CDATA[estate planning]]></category>
		<category><![CDATA[intestacy]]></category>
		<category><![CDATA[Medicaid Planning]]></category>
		<category><![CDATA[special needs trusts]]></category>
		<category><![CDATA[wills]]></category>

		<guid isPermaLink="false">http://masonlawpc.com/?p=1162</guid>
		<description><![CDATA[As an elder law and special needs attorney I get a track-side seat for a pile of planning train wrecks: Here are the best ones . . . This is a column for the contrarians among us who will insist, against mounds of advice, on creating maximum legal havoc. Here are ten great ways to [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>AVOID THIS COMMON BANKING ERROR</title>
		<link>http://masonlawpc.com/2011/02/avoid-this-common-banking-error/</link>
		<comments>http://masonlawpc.com/2011/02/avoid-this-common-banking-error/#comments</comments>
		<pubDate>Mon, 07 Feb 2011 19:56:51 +0000</pubDate>
		<dc:creator>Bob Mason</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[Trusts generally]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[elder abuse]]></category>
		<category><![CDATA[Financial abuse]]></category>
		<category><![CDATA[revocable trusts]]></category>
		<category><![CDATA[titling assets]]></category>

		<guid isPermaLink="false">http://masonlawpc.com/?p=944</guid>
		<description><![CDATA[Many people make big mistakes titling bank and investment accounts. Often advisors and bankers advise customers to “put your child’s name on the account” or to set the account up as a “pay on death” (or “POD”) account. However well-intentioned the advice, the results of either approach to titling an account can be surprising and [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Impact of Estate Tax Repeal on Elder Law</title>
		<link>http://masonlawpc.com/2010/01/the-impact-of-estate-tax-repeal-on-elder-law/</link>
		<comments>http://masonlawpc.com/2010/01/the-impact-of-estate-tax-repeal-on-elder-law/#comments</comments>
		<pubDate>Mon, 25 Jan 2010 01:45:59 +0000</pubDate>
		<dc:creator>Bob Mason</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Tax Issues]]></category>
		<category><![CDATA[Trusts generally]]></category>
		<category><![CDATA[Carry Over Basis]]></category>
		<category><![CDATA[Estate Tax]]></category>
		<category><![CDATA[Estate Tax Repeal]]></category>
		<category><![CDATA[section 1014]]></category>
		<category><![CDATA[section 1022]]></category>
		<category><![CDATA[Stepped Up Basis]]></category>

		<guid isPermaLink="false">http://masonlawpc.com/?p=798</guid>
		<description><![CDATA[Loss of Stepped-Up Basis Means Carry Over Basis As things stand now (February 11, 2010) stepped-up basis in inherited assets has been drastically curtailed.  The estate tax went into automatic repeal on January 1, 2010, and with it went the stepped-up basis rules.  Whether those rules come back, and if so in what form and [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Estate Tax Repeal: Some Tax Changes Affecting All Of Us?</title>
		<link>http://masonlawpc.com/2010/01/estate-tax-repeal-some-tax-changes-affecting-all-of-us/</link>
		<comments>http://masonlawpc.com/2010/01/estate-tax-repeal-some-tax-changes-affecting-all-of-us/#comments</comments>
		<pubDate>Thu, 21 Jan 2010 14:53:46 +0000</pubDate>
		<dc:creator>Bob Mason</dc:creator>
				<category><![CDATA[Tax Issues]]></category>
		<category><![CDATA[Trusts generally]]></category>
		<category><![CDATA[Basis]]></category>
		<category><![CDATA[Estate Tax Repeal]]></category>
		<category><![CDATA[Tax]]></category>

		<guid isPermaLink="false">http://masonlawpc.com/?p=792</guid>
		<description><![CDATA[Here&#8217;s an issue we&#8217;re watching VERY carefully.  Congress sprung a surprise on most us by letting the estate tax go into &#8220;repeal mode&#8221; (which was set up back in 2001). We all assumed Congress would NEVER let that happen. Assuming can be dangerous, of course. Of particular concern to many is the possibility of a [...]]]></description>
		<wfw:commentRss>http://masonlawpc.com/2010/01/estate-tax-repeal-some-tax-changes-affecting-all-of-us/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Putting The Beach House In A Trust &#8211; Coastal Senior, August 2008</title>
		<link>http://masonlawpc.com/2010/01/putting-the-beach-house-in-a-trust-coastal-senior-august-2008/</link>
		<comments>http://masonlawpc.com/2010/01/putting-the-beach-house-in-a-trust-coastal-senior-august-2008/#comments</comments>
		<pubDate>Sun, 10 Jan 2010 17:39:55 +0000</pubDate>
		<dc:creator>Bob Mason</dc:creator>
				<category><![CDATA[Coastal Senior]]></category>
		<category><![CDATA[Trusts generally]]></category>
		<category><![CDATA[Irrevocable trusts]]></category>

		<guid isPermaLink="false">http://masonlawpc.com/?p=723</guid>
		<description><![CDATA[Coastal Senior is a Georgia monthly periodical covering the South Carolina and Georgia low country.  Bob Mason is its legal columnist. Vacation property and “second homes” – whether in the mountains or at the beach – present a number of legal and tax planning opportunities. First, consider probate avoidance, particularly if the property is located [...]]]></description>
		<wfw:commentRss>http://masonlawpc.com/2010/01/putting-the-beach-house-in-a-trust-coastal-senior-august-2008/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What is a Special Needs Trust?</title>
		<link>http://masonlawpc.com/2010/01/what-is-a-special-needs-trust/</link>
		<comments>http://masonlawpc.com/2010/01/what-is-a-special-needs-trust/#comments</comments>
		<pubDate>Sat, 09 Jan 2010 01:12:23 +0000</pubDate>
		<dc:creator>Bob Mason</dc:creator>
				<category><![CDATA[Special Needs Planning]]></category>
		<category><![CDATA[Trusts generally]]></category>
		<category><![CDATA[north carolina]]></category>
		<category><![CDATA[special needs trusts]]></category>

		<guid isPermaLink="false">http://masonlawpc.com/?p=636</guid>
		<description><![CDATA[A Special Needs Trust, also referred to as a Supplemental Needs Trust, is a trust specially designed to hold assets on behalf of a disabled individual in a manner that will benefit the individual without jeopardizing SSI, Medicaid or other government benefits. Further, transfers in to a properly designed Special Needs Trust (also referred to as [...]]]></description>
		<wfw:commentRss>http://masonlawpc.com/2010/01/what-is-a-special-needs-trust/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Living Trusts versus Wills: Which Is Better?</title>
		<link>http://masonlawpc.com/2010/01/living-trusts-versus-wills-which-is-better/</link>
		<comments>http://masonlawpc.com/2010/01/living-trusts-versus-wills-which-is-better/#comments</comments>
		<pubDate>Fri, 08 Jan 2010 23:02:10 +0000</pubDate>
		<dc:creator>Bob Mason</dc:creator>
				<category><![CDATA[Trusts generally]]></category>
		<category><![CDATA[Wills (or Not!)]]></category>
		<category><![CDATA[living trusts]]></category>
		<category><![CDATA[north carolina]]></category>
		<category><![CDATA[revocable trusts]]></category>
		<category><![CDATA[wills]]></category>

		<guid isPermaLink="false">http://masonlawpc.com/?p=626</guid>
		<description><![CDATA[Answer:  It Depends A Will is a document signed by a testator that meets the other formalities specified by North Carolina Law needed to pass probate property in the manner specified in the Will. The process of submitting a Will to the clerk of the superior court and proving to the clerk that the Will is [...]]]></description>
		<wfw:commentRss>http://masonlawpc.com/2010/01/living-trusts-versus-wills-which-is-better/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Total Return Trusts, Unitrusts and Power to Adjust</title>
		<link>http://masonlawpc.com/2010/01/total-return-trusts-unitrusts-and-power-to-adjust/</link>
		<comments>http://masonlawpc.com/2010/01/total-return-trusts-unitrusts-and-power-to-adjust/#comments</comments>
		<pubDate>Thu, 07 Jan 2010 22:10:46 +0000</pubDate>
		<dc:creator>Bob Mason</dc:creator>
				<category><![CDATA[Tax Issues]]></category>
		<category><![CDATA[Trusts generally]]></category>
		<category><![CDATA[north carolina]]></category>
		<category><![CDATA[principal and income]]></category>
		<category><![CDATA[total return trusts]]></category>
		<category><![CDATA[unitrusts]]></category>

		<guid isPermaLink="false">http://masonlawpc.com/?p=576</guid>
		<description><![CDATA[Robert A. Mason, CELA Originally published in The Will and the Way, NC Bar Ass’n (3/2003) Ch-ch-ch-ch-changes Turn and face the strange ch-ch-changes Don&#8217;t want to be a richer man Ch-ch-ch-ch-changes Turn and face the strange ch-ch-changes Just gonna have to be a different man Time may change me, but I can&#8217;t trace time David [...]]]></description>
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		<slash:comments>0</slash:comments>
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