The Matus Law Group
The Matus Law Group
Apr 15, 2021
What is an Irrevocable Trust in New Jersey? A trust is a legal vehicle which allows the trust to be controlled by a trustee who directs those assets to the trust's beneficiaries. The assets in irrevocable trust are considered “non-countable” in your long-term care plans. Other assets that are non-countable include: >Your primary residence and rental properties. >Personal property including furniture and jewelry > Home improvements >Life insurance >401K and IRA accounts >Assets you have attempted to sell in good faith >Pre-paid burial services Discuss any of your estate planning needs during a consultation, call (732) 785-4453 https://matuslaw.com/irrevocable-trust-new-jersey-long-term-care/ https://local.google.com/place?id=3241702663730814860&use=posts&lpsid=4029502582804257422
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