We can work with you to create disability trust and special needs trust, including living trusts and irrevocable trusts, on behalf of parents of children with disabilities, elderly couples who recognize they may need to finance nursing home care and those with chronic illnesses. When appropriate, we assist families in the development of family agreements or contracts – a method that can both save a property and other assets from extinction.
A common concern of clients during the initial estate planning process is what happens to debt when you die. This is a valid concern for next of kin and estate beneficiaries, and we’ll delve into it below. Who is responsible for paying off the debts