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Top 7 Irrevocable vs Revocable Trust Differences

Watch the video on Like this video? Subscribe to our channel. Irrevocable vs revocable trust differences are critical and key to making an informed decision about the best device available for a family’s situation in estate planning. These two devices are very different in effect and each serves very different purposes. Here are some of […]


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Irrevocable Trust in Divorce Settlement are Dramatic

An Irrevocable Trust in Divorce Settlement, such as our trademarked – Ultra Trust®, can be a very powerful device in divorce. If an Irrevocable Trust is drafted and implemented correctly, assets transferred to the Irrevocable Trust (Ultra Trust®) are the property of the Ultra Trust® and is not “marital property” subject to equitable distribution between […]


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ROBERT McLEAN IRREVOCABLE TRUST v. Patrick Davis, Jan 26/09

ROBERT T. MCLEAN IRREVOCABLE TRUST v. PATRICK DAVIS, P.C. No. SD 28613. Edward F. Luby, St. Louis, MO, for Appellants. Joseph C. Blanton Jr., Sikeston, MO, for Respondents. Linda McLean (“Appellant”), trustee of the Robert T. McLean Irrevocable Trust (“the trust”) and mother of trust beneficiary Robert McLean (“Beneficiary”), brought various tort claims against several […]


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ROBERT McLEAN IRREVOCABLE TRUST v. Michael PONDER, Oct 24/13

ROBERT McLEAN IRREVOCABLE TRUST MARCH 31 1999 McLEAN v. PONDER. No. SD 31767. Edward F. Luby, of St. Louis, MO, and Kenneth Blumenthal and Lopa Blumenthal of Hazelwood, MO, for appellant. Joseph C. Blanton, Jr., of Sikeston, MO, for respondent. The Robert T. McLean Irrevocable Trust U/A/D March 31, 1999, by Linda McLean, as Trustee […]


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An Irrevocable Trust May Provide Tax Benefits

Watch the video on Like this video? Subscribe to our channel. Irrevocable Trusts – Not as Frightening as You Might Think!: Part 3 Read “Irrevocable Trusts – Not as Frightening as You Might Think!: Part 2” Here For those who avoid irrevocable trusts because they worry about extra taxes, it is true that if you […]


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Life/Trust Debate: Life Estate vs. Irrevocable Trust: Pro’s and Con’s

Watch the video on Like this video? Subscribe to our channel. Irrevocable Trusts – Not as Frightening as You Might Think in the Life Trust Debate!: Part 2 Read “Irrevocable Trusts – Not as Frightening as You Might Think!: Part 1” Here Many families consider using a life estate to protect their homes rather than […]


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An Irrevocable Trust May Protect Assets from Paying for Long-Term Care

Watch the video on Like this video? Subscribe to our channel. Irrevocable Trusts – Not as Frightening as You Might Think!: Part 1 Many people hear the words “irrevocable trust” and think that the irrevocable nature of the instrument requires inflexibility and rigidity, or that they will lose control over their assets. This is a […]


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John J. FRANCIS v. UNITED JERSEY BANK

87 N.J. 15 (N.J. 1981) 432 A.2d 814 John J. FRANCIS, Hugh P. Francis and J. Raymond Berry, Trustees of Pritchard & Baird Intermediaries Corp., Pritchard & Baird, Inc., P & B Intermediaries Corp., and P & B, Inc., Plaintiffs-Respondents, v. UNITED JERSEY BANK, Administrator of the Estate of Charles H. Pritchard, Lillian P. Overcash, […]


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ROOT JEWELLERS, INC, v. JDR CONTRACTING, INC

233 N.J.Super. 125 (N.J.Super.A.D. 1989) 558 A.2d 59 ROOT JEWELERS, INC., Plaintiff-Respondent, v. JDR CONTRACTING, INC., Defendant, and Donald Bouffard and Joseph Bouffard, jointly, severally, individually or in the alternative, Defendants-Appellants. Superior Court of New Jersey, Appellate Division. May 17, 1989 Submitted March 22, 1989. Klehr, Harrison, Harvey, Branzburg, Ellers & Weir, for defendants-appellants (Carol […]


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Equity Stripping, Equity Vesting, Irrevocable Trusts: Pros/Cons

Read Part 1: Asset Protection and Land Trusts Read Part 2: Tenancy in Comman & Joint Tenancy: Pros & Cons In Article I on protecting the family home we discussed strategies that don’t work on protecting the personal residence: the homestead exemption, tenants by the entirety, tenancy in common, and joint tenancy. In article II […]


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