Do I Need a Trust or a Life Estate?
Your Hosts
Aaron E. Connor, Esq.
Frank E. Hemming, III
November 4, 2023
Hosts: Aaron Connor and Frank Hemming
During this Life Happens show, we address questions we hear from people meeting with our attorneys to discuss planning:
“Well, my neighbor told me I should get a life estate. Is that a good idea or should I have a trust?”
Often times, the goal is how best to plan for long-term care needs – and how to pay for that care when the time comes. Listen as attorneys Aaron Connor and Frank Hemming explain the differences between life estates and trusts, including:
- Definitions
- Benefits of trust planning
- Different types of trusts
- Identifying which strategy works for you
- The role of an estate planning attorney to customize your plan
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