Question: My two brothers purchased a home together in 1990. Both lived there and shared the costs of the home. One brother got married in 2000 and stayed in the home with his wife while the other moved out. The married couple assumed the costs of the home from 2000 on. It is now 2024 […]

Question: I have a married couple who want an irrevocable trust as they are concerned with asset protection and long-term care. They are close enough to having a Massachusetts estate tax where it would be prudent to have some tax planning included. I have credit shelter provisions in a joint irrevocable trust for husband and […]

Question: I have a joint revocable living trust with spouse. Under its terms, when the surviving spouse passes, the trust becomes irrevocable with a corporate trustee appointed to provide distribution of trust income to daughter. Given that all our funds are now in the trust, how will the executor access them to pay final bills, […]