I urge you to find a lawyer that keeps up with the current state laws concerning trusts and wills. The states do change their laws and one could very easily have a trust that is not valid to the current law at the time it was made. Also, those instruments are okay if death comes without a stay in a health care facility. If a nursing home is in the picture a trust not properly prepared according to state law or even one that is may not be protected from the state using it as an asset for payment of the stay at the mursing home until Medicare and Medicaid eligible. We found that when making a trust after my dad went into a nursing home that the local state Social Services director knew much more than the lawyer did about what could be protected by a trust and what the state could take. The state (Missouri) would not allow someone to protect all their assets and thus the person going into the nursing home would be totally funded by the state. So it is worth your while to investigate that situation and see what would happen to your assets as there may be some surprises awaiting trust or not.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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