Trusts are sometimes offered as a “cure all” solution to estate planning problems. It is true that some issues lend themselves to the use of trusts. It is also true, however,
that there are states like Pennsylvania, where a trust is not generally necessary and a simple Will will work just as well. So in the individual circumstance how can you tell
whether a trust makes sense for you as part of your estate plan? Here are some considerations.
Esquire, Colliton Law Associates, P.C. Janet Colliton has practiced law for over 38 years, 37 of them in Chester County, Pennsylvania, a suburb of Philadelphia. Her practice, Colliton Law Associates, PC, is limited to elder law, Medicaid, including advice, applications and appeals, and other benefits planning including Veterans benefits, life care and special needs planning, guardianships, retirement, and estate planning and administration.