Trusts
Atlanta, Georgia, Trusts Lawyer
A trust is a legal vehicle that can accomplish many things. A trust can be formed to help avoid probate. A trust can provide for the needs of a disabled child or incapacitated adult. Trusts can be established to enable a person to qualify for Medicaid, and for many other purposes.
The Pollan Law Firm has extensive experience with these powerful and flexible tools. We can help you form a trust or trusts that achieve your goals and preserve your assets.
Our firm can establish all types of trusts, including:
- Revocable living trusts
- Irrevocable trusts
- Special needs trusts
- Life insurance trusts
- Qualified Income trusts (Miller trusts)
- And other types of trusts
Call 877-841-1378 or send us an e-mail to schedule a consultation.
The Role of Trusts in the Estate Planning Process
Although a trust can be established on a one-time basis to accomplish a single purpose, The Pollan Law Firm prefers to use trusts as one component in the overall estate planning process.
For example, if you are the parent of an adult disabled child, you may wish to establish a special needs trust to provide for the child's needs after you are gone. For your other children, you may also want to form other types of trusts or traditional bequests to provide legacies for them. Our lawyers can review your situation and recommend an overall strategy that provides for the needs of your loved ones and preserves your assets for the next generation.
Qualified Income Trusts (Miller Trusts)
Georgia has a strict limit on income for the purposes of determining eligibility for Medicaid-financed nursing home care.
With the use of a Qualified Income Trust (also called a Miller Trust) it is possible to qualify even if your income exceeds the limit. These trusts require careful planning and familiarity with the complex rules that govern such trusts.
As an experienced Medicaid planning practice, The Pollan Law Firm can determine if a Miller Trust is right for you. If it is, we can take the actions necessary to establish the trust so that your loved one can get the long-term care he or she needs.
Personalized Asset Protection Solutions
Whether it involves a living trust, special needs trust, Qualified Income Trust, or other trust vehicle, The Pollan Law Firm can provide the right solution for you.
Contact an Attorney
For a consultation with The Pollan Law Firm, call 877-841-1378 toll free or send us an e-mail.
