Wills and Trusts

A Qualified Personal Residence Trust — commonly called a QPRT and pronounced cue-pert — is an irrevocable trust that allows […]

A grantor trust is a trust in which the person who created and funded the trust — called the grantor

An intestate heir is a person who is legally entitled to inherit from a deceased person’s estate when that person

An executor of an estate is the person named in a will to manage and settle the deceased person’s estate

A payable on death account — commonly called a POD account — is a bank account that has a named

A transfer on death deed — also called a TOD deed, beneficiary deed, or revocable transfer on death deed —

A spendthrift trust is a type of trust that includes provisions specifically designed to protect a beneficiary’s inheritance from their

An irrevocable life insurance trust — commonly called an ILIT — is a type of irrevocable trust specifically designed to

Estate tax is a tax imposed on the transfer of a deceased person’s estate to their heirs and beneficiaries. It

A Medicaid asset protection trust — commonly called a MAPT — is a type of irrevocable trust specifically designed to