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September 2018 Archives

A quick primer on the basics of trusts in estate planning

A trust is a way that people can transfer assets to others without having to go through the probate process. There are many different types, each of which serves a specific purpose. You have to think about what needs to go to whom and determine how they might be affected by the inheritance. In some cases, such as when a person receives needs-based services like Medicaid, a special needs trust is necessary.

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