What is an Irrevocable Life Insurance Trust?
An Irrevocable Life Insurance Trust, or ILIT, is a trust specifically designed to own and be the beneficiary of one or more life insurance policies. Once an ILIT is set […]
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What Are the Benefits of Irrevocable Gift Trusts?
Planning your estate not only enables you to provide for your loved ones after you die but to share your assets with them while you are alive. One of the […]
Read More“Irrevocable” Doesn’t Always Mean “Unchangeable”
For starters, a revocable trust is a changeable, amendable, revocable document. The opposite is not true: It is not true that all irrevocable trusts cannot be changed. This article seeks […]
Read MoreLife Estate Deeds vs. Irrevocable Trusts for Medicaid Protection
Written By: Attorney Rebecca S. Spinner, Esq. Many of the people we meet with come in looking to get help protecting their assets from the costs of long-term care. For […]
Read MoreIrrevocable trust
A trust that cannot be terminated or revoked or otherwise modified or amended by the grantor. As modern trust law continues to evolve, however, it may be possible to effect […]
Read MoreWashington Post Article: The Purposes of Revocable vs. Irrevocable Trusts
A revocable trust and an irrevocable trust serve totally different needs. By Ilyce Glink and Samuel J. Tamkin Q: I am divorced and have two grown daughters. I am placing my house in a […]
Read MoreIrrevocable Trusts vs. Revocable Trusts
At Surprenant & Beneski, our lawyers have an in-depth understanding of all of the different types of trusts and the laws surrounding trusts in Massachusetts. Today, more individuals are using […]
Read MoreFinancial Planning for Parents’ Assisted Living
As our parents age, planning for their comfort and care becomes a priority. At Surprenant & Beneski, P.C., part of our mission is to ensure that seniors are protected and […]
Read MoreHigh-Net-Worth Estate Planning
Estate planning for high-net-worth individuals in Massachusetts encompasses more than just drafting a will; it’s about strategically managing and protecting your assets for future generations. With the unique financial and […]
Read MoreEstate Planning 101 Presented by Attorney Rebecca S. Spinner at Maplewood at Mill Hill
70% OF PEOPLE 65+ WILL NEED LONG-TERM CARE* Come Hear How To Prepare For Your Future Needs While Preserving Your Assets and Minimizing Your Risks, Expenses and Taxes! AT THIS […]
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