Many believe Sweetheart Wills and Trusts will provide for their spouse after they are gone. But, are they the best option when thinking long term? What happens to the life savings when the surviving spouse enters a nursing care facility? In this Elder Law Minute, Wes Coulson discusses the problems with Sweetheart Wills and Trusts and how leaving your […]
Investments by Trustees
In this Elder Law and Estate Planning Minute, St. Louis area attorney, Wes Coulsn, discusses trust investments by Trustees and sheds light on a common misconception that all of a trust’s investments have to be in one place. Investments by Trustees Transcript: Hi, I’m Wes Coulson and this is your Elder Law and Estate Planning Minute. […]
Don’t Disinherit a Special Needs Child
One of the unfortunate decisions that parents of a special needs child sometimes make when estate planning is one to “disinherit” that child, either by not leaving them a share because they couldn’t handle it, or by leaving their share to a sibling to take care of for them. Either situation has its potential downfalls. In […]
Stand-Alone Special Needs Trusts
In this Elder Law Minute, Wes Coulson explains why a stand-alone special needs trust is a favorable option to consider when planning for the future of your special needs child. Stand-Alone Special Needs Trust Transcript: Hi, I’m Wes Coulson and this is your Elder Law Minute. If you’re the parent of a special needs child, […]
Special Needs Planning
One way to ensure your loved one is taken care of is through special needs planning. In this Elder Law Minute, Wes Coulson talks about planning for a family member with special needs, and how a Special Needs Trust may be beneficial for their future. Special Needs Planning Transcript: Hi, I’m Wes Coulson, and this is […]