I urge you to find a lawyer that keeps up with the current state laws concerning trusts and wills. The states do change their laws and one could very easily have a trust that is not valid to the current law at the time it was made. Also, those instruments are okay if death comes without a stay in a health care facility. If a nursing home is in the picture a trust not properly prepared according to state law or even one that is may not be protected from the state using it as an asset for payment of the stay at the mursing home until Medicare and Medicaid eligible. We found that when making a trust after my dad went into a nursing home that the local state Social Services director knew much more than the lawyer did about what could be protected by a trust and what the state could take. The state (Missouri) would not allow someone to protect all their assets and thus the person going into the nursing home would be totally funded by the state. So it is worth your while to investigate that situation and see what would happen to your assets as there may be some surprises awaiting trust or not.
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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