HHU LAW

PRACTICE AREAS

Trust

TRUST

Many times the use of a trust is an important part of your estate plan. A trust can be created under your Will (Testamentary Trust) or during your lifetime (inter vivos trust). A trust can be revocable or irrevocable, and understanding the difference is crucial to your planning. Historically people adopted revocable trusts to avoid probate, but with the simplification and many options available through probate alternatives, these instruments are no longer required and can be more expensive to administer during your lifetime. Let us help you evaluate your situation if you have or are considering a trust for the sole purpose of avoiding probate. 

  • Created under a Will/Testamentary Trust or Lifetime
  • Understanding Revocable vs. Irrevocable Trust
  • Special Needs Trust & Planning
  • Miller Trust or Qualified Income Trust for Medicaid (TennCare) Illegibility 
  • Medicaid Qualifying Trust