Revocable Trust V. Irrevocable Trust

Posted on June 24, 2021 by Hawkins Elder Law.

The difference between a revocable trust and irrevocable trust can be the difference between losing property and protecting it as a legacy for future generations. Although the revocable/irrevocable trust distinction may seem obvious, this article explains the distinction’s importance for a variety of estate planning goals. Revocable and Irrevocable Trust Examples Imagine two brothers named […]

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What Are the Differences between Wills and Trusts?

Posted on July 24, 2016 by Hawkins Elder Law.

[See our Disclaimers page about relying on this website’s contents.] People ask us to explain the difference between wills and trusts from time to time when we are speaking to groups about advance health care directives and other estate planning topics. We have tried many ways to answer the question over the years, but we […]

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Does That Trust Need a Tune-Up?

Posted on April 22, 2016 by Hawkins Elder Law.

[See our Disclaimers page about relying on this website’s contents.] Revocable trust plans have been around for fifty years or more. Revocable trusts were quite the rage when we began practicing law in the early 1990s. Most people wanted the privacy advantage that revocable trusts held over last wills and testaments. Some people believed mistakenly […]

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WILL VS. TRUST – Which Do You Need?

Posted on January 17, 2015 by Hawkins Elder Law.

[See our Disclaimers page about relying on this website’s contents.] Estate planning clients express surprise sometimes by our response to the question: “Do I need a will or trust?” We often respond: “Both!” Most plans should include will to ensure that assets pass to the intended beneficiaries. We always use a will in concert with […]

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