Vincent Russo on CFN Live: How Do You Sell a House from a Trust?
Learn how to sell a house from a trust with key steps from Vincent J. Russo on CFN Live. Get informed today.
Providing for your Pet’s Future without You
Our pets are part of our family, and we need to consider them when implementing one’s estate plan.
Understanding the Differences: Will vs Trust
Everyone has heard the terms "will" and "trust," but not everyone knows the differences between the two. Both are useful estate planning devices that serve different purposes, and both can used together to create a complete and comprehensive estate plan…
Estate Planning Awareness Week: Take Control of Your Future
It's that time of year again! The week of October 16th marks National Estate Planning Awareness Week, a great opportunity to remind yourself and your loved ones about the importance of planning ahead for their future and being informed about…
Make Sure That Your Will or Trust Contains a Personal Property Memorandum
Many times, when a parent passes away, family members argue over their favorite items. Conflict can take place over things like a coffee mug, a piece of jewelry, or a painting. These types of arguments can be eliminated by filling…
Your Estate Plan Should Include a Letter of Instruction
In any comprehensive estate plan, a letter of instruction (LOI) is an important component. An LOI can help your loved ones manage important information about you. It conveys your desires, includes practical information about where to find various items referenced…
Filing Taxes for Irrevocable Medicaid Asset Protection Trusts
Question: I created an Irrevocable Medicaid Asset Protection Trust. Do I need to file a tax return for the trust? Answer: Let’s start by defining the trust. Appropriately named, a Medicaid Asset Protection Trust (“MAPT”) is created to shield assets from Medicaid…
What is My Trust Tax Identification Number (EIN)?
A trust identification number is essential for identifying a trust as a legal entity for tax purposes. Whether you’re establishing a revocable or irrevocable estate planning trust, having the correct trust identification number is crucial to properly manage your assets…
Vincent Russo on CFN Live – “Protecting Your Child with Special Needs (the Supplemental Needs Trust)”
Watch Vincent J. Russo Legal Correspondent on Catholic Faith Network’s CFN Live! Vincent appeared on CFN Live on March 30th to discuss "Protecting Your Child with Special Needs (the Supplemental Needs Trust)" In this four-part series on Trusts, Vincent…
Vincent Russo on CFN Live – “First Party Special Needs Trust and Medicaid”
Watch Vincent J. Russo Legal Correspondent on Catholic Faith Network’s CFN Live! Vincent appeared on CFN Live on March 16th to discuss "First Party Special Needs Trust and Medicaid" Colleen: Vincent, welcome back on your four part series on…