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Category: Trusts
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Burner Prudenti Law Sponsors TBR News Media Salute to Women Issue

We are honored to celebrate Women's History Month by sponsoring the TBR News Media Salute to Women issue. This special issue celebrates the contributions and achievements of women in business.

March 15, 2024
Estate Planning for the Modern Family: The Intricacies of Evolving Family Structures

In today's diverse society, the definition of a “typical” family has evolved far beyond the traditional model of two spouses and their joint children. Blended families, long-term partnerships with children from previous relationships, and single-by-choice parents are now common.

February 26, 2024
Do I Need to Update a Medicaid Asset Protection Trust?

Question: I had an irrevocable trust drawn up for me years ago. What are its benefits, and do I need to update it?

December 21, 2023
Avoiding Probate with a Revocable Trust

Revocable Trusts have become increasingly popular estate planning tools to avoid probate. A trust allows for the orderly and private administration of your assets at death without court involvement.

December 15, 2023
Can You Sell a Home Bequeathed to You in a Last Will and Testament?

Q: My grandparents on my mom’s side are leaving me their house in their will after they both pass away, will I be able to sell it right away?

December 12, 2023
Navigating Trust Tax Returns: What You Need to Know

When diving into the world of trusts, a frequently asked question revolves around the tax implications: “Does my trust need to file a tax return?” The answer isn’t always straightforward and hinges on several factors related to the structure of the trust.

October 2, 2023
Fixing an Old Trust to Avoid Capital Gains Tax for Heirs

One of the most disruptive proposals put forth last year by Congress was the elimination of the tax-free basis step up at death. Luckily for many of our clients, the legislation was never enacted.

March 25, 2022
Keeping Your Trust Healthy

Attorney Britt Burner discusses the importance of funding trusts, selling property within trusts and the value of keeping the document in good standing.

February 16, 2022
What is the Difference between a Sole Benefit Trust and a Supplemental Needs Trust?

All supplemental needs trusts (“SNT”) are created for the sole benefit of a disabled individual. This type of trust is designed to provide support for a beneficiary without jeopardizing their receipt government benefits, namely Medicaid and SSI.

February 11, 2022
2022: Year of Trusts

Attorney Britt Burner discusses the anatomy of trusts, the types of trusts used in Estate and Medicaid planning, and how they can benefit you and your loved ones.

January 24, 2022

Our Blog

Thought Leadership

Estate planning involves careful consideration of various factors to ensure that your assets are protected and distributed according to your wishes. One element that can add an extra layer of flexibility and protection to your trust is the inclusion of a Trust Protector.

July 14, 2023 Read Article

An Irrevocable Life Insurance Trust (“ILIT”) is a valuable estate planning tool used to reduce estate taxes – known as death taxes during an election year. Whether you need an ILIT depends on how much your assets are worth now or what your potential net worth is in the future.

January 30, 2023 Read Article

When residential property is owned by a trust, the trustee may sell the property if the terms of the trust permit it. The trust would be the seller of the property and the trustee must sign the listing agreement, contract of sale and closing documents.

September 23, 2022 Read Article