Answer: It Depends
Recently a client asked me for my thoughts on Wills versus trusts. Wouldn't she have been surprised if I answered, "I really don't have any; whatever the client feels like." Of course, that is NOT the case. I am a lawyer, after all.
In this article I'll … Continue Reading
Vacation property and “second homes” – whether in the mountains or at the beach – present a number of legal and tax planning opportunities.
A little secret: Most of what you'll read here also applies to your residence.
Avoid Probate With A Trust
First, consider probate … Continue Reading
Dad died 5 years ago and there is a trust under his will for Mom. Will the trust be countable if Mom goes into a nursing home?
Mom and Dad set up an irrevocable trust years ago (Bill Clinton was on his first term) and put land and some other assets in the trust. Are the assets … Continue Reading
Lately I have written a number of difficult posts that relate to trusts. A reader asked me why I hadn’t written anything that simply explains what a trust is. I was surprised to see that I hadn’t, so . . . .
First, let me set this up. I’m going to start with trusts and pickup … Continue Reading
Tales From The Mason Law Horror Files . . .
Once Upon A Time . . .
Margaret and Jim Anderson raised their three children, Princess, Bud and Kitten in the 1950’s and 1960’s in the Greystone area of Asheboro, North Carolina (a leafy post-WW II neighborhood of 3 and 4 bedroom … Continue Reading