The Plain English Legal Podcast

Amending an Irrevocable Trust

You’ve probably heard it before: 👉 “Once you set up an irrevocable trust, you can’t change it.”

Well… that’s mostly true but there are ways to achieve the same result without technically amending the trust.

In this episode, I break down how it’s possible to restructure or “decant” an irrevocable trust to reflect new circumstances such as changes in trustees, beneficiaries, or family dynamics while staying compliant with legal and tax rules.

#estateplanning #irrevocabletrust #medicaid

FREE RESOURCES AVAILABLE:

www.EstatePlanningEbook.com

www.FreeTrustCourse.com

Check out the YouTube video version here. 

 

 

Gen X Conversations: Wrapping Up The Series

This episode is a recap of the Gen X Conversations series where four high school classmates reunited decades later to talk about the realities of aging, caregiving, and planning for the future.

🕯 Dedicated to Kim’s mom whose warmth and kindness reminded us what truly matters.

PART 1: The Sandwich Generation

PART 2: The Weight of “Stuff” and the Cost of Waiting

PART 3: Why Avoiding Probate Matters More Than You Think 

PART 4: Nursing Homes, Medicaid, and the Illusion of “We’ll Be Fine”

PART 5: Control, Medicaid, and Protecting the Next Generation

PART 6: Final Wishes and Lessons Learned

Gen X Conversations: Wrapping Up the Series

#genx #agingparents #estateplanning #willsandtrusts #probate #generationalwealth 

FREE RESOURCES AVAILABLE:
www.EstatePlanningEbook.com

www.FreeTrustCourse.com

www.FreeMedicaidCourse.com

Check out the YouTube video version here. 

Gen X Conversations Part 6: Final Wishes and Lessons Learned

What happens when your parents’ final wishes don’t match what’s written in the will?

In this episode of Gen X Conversations, we talk about the outdated wills and unexpected funeral costs to family disagreements and lessons learned the hard way... this conversation gets real.

PART 1: The Sandwich Generation

PART 2: The Weight of “Stuff” and the Cost of Waiting

PART 3: Why Avoiding Probate Matters More Than You Think 

PART 4: Nursing Homes, Medicaid, and the Illusion of “We’ll Be Fine”

PART 5: Control, Medicaid, and Protecting the Next Generation

PART 6: Final Wishes and Lessons Learned

Gen X Conversations: Wrapping Up the Series

#genx #agingparents #estateplanning #willsandtrusts #probate #generationalwealth 

FREE RESOURCES AVAILABLE:
www.EstatePlanningEbook.com

www.FreeTrustCourse.com

www.FreeMedicaidCourse.com

Check out the YouTube video version here. 

Gen X Conversations Part 5: Control, Medicaid, and Protecting the Next Generation

Have you seen a family fall apart over money after someone passes away?

That’s exactly what this conversation is about. Four Gen X classmates reunite at a beach house to talk about what really happens when aging parents, inheritance, and family emotions collide. They learned the hard way that avoiding probate with a revocable living trust can save not just money but relationships.

PART 1: The Sandwich Generation

PART 2: The Weight of “Stuff” and the Cost of Waiting

PART 3: Why Avoiding Probate Matters More Than You Think 

PART 4: Nursing Homes, Medicaid, and the Illusion of “We’ll Be Fine”

PART 5: Control, Medicaid, and Protecting the Next Generation

PART 6: Final Wishes and Lessons Learned

Gen X Conversations: Wrapping Up the Series

#genx #agingparents #estateplanning #probate #generationalwealth 

FREE RESOURCES AVAILABLE:
www.EstatePlanningEbook.com

www.FreeTrustCourse.com

www.FreeMedicaidCourse.com

Check out the YouTube video version here. 

Gen X Conversations Part 4: Nursing Homes, Medicaid, and the Illusion of “We’ll Be Fine”

What we’re unpacking in this episode...

We talk candidly about aging parents, nursing home costs, estate planning, and how to avoid the chaos that comes when there’s no plan in place.

👉 If you’re part of the “sandwich generation,” this episode will hit home.
👉 If you’ve been putting off planning, this is your sign to start.

PART 1: The Sandwich Generation

PART 2: The Weight of “Stuff” and the Cost of Waiting

PART 3: Why Avoiding Probate Matters More Than You Think 

PART 4: Nursing Homes, Medicaid, and the Illusion of “We’ll Be Fine”

PART 5: Control, Medicaid, and Protecting the Next Generation

PART 6: Final Wishes and Lessons Learned

Gen X Conversations: Wrapping Up the Series

#genx #agingparents #estateplanning #nursinghome #medicaid

FREE RESOURCES AVAILABLE:
www.EstatePlanningEbook.com

www.FreeTrustCourse.com

www.FreeMedicaidCourse.com

Check out the YouTube video version here. 

 

Gen X Conversations Part 3: Why Avoiding Probate Matters More Than You Think

Ever seen a family fall apart over an inheritance? It happens more often than you think and probate court usually makes it worse.

Four classmates reunite decades later to share what really happens when aging parents, money, and family expectations collide. From nursing home care to contested wills, they’ve seen it all and they explain why avoiding probate with a revocable living trust can save families time, money, and heartache.

Watch the full conversation now and don’t forget to subscribe for more real stories and practical tips on protecting your legacy.

PART 1: The Sandwich Generation

PART 2: The Weight of “Stuff” and the Cost of Waiting

PART 3: Why Avoiding Probate Matters More Than You Think 

PART 4: Nursing Homes, Medicaid, and the Illusion of “We’ll Be Fine”

PART 5: Control, Medicaid, and Protecting the Next Generation

PART 6: Final Wishes and Lessons Learned

Gen X Conversations: Wrapping Up the Series

#genx #agingparents #estateplanning #caregiverlife #generationalwealth 

FREE RESOURCES AVAILABLE:
www.EstatePlanningEbook.com

www.FreeTrustCourse.com

www.FreeMedicaidCourse.com

Check out the YouTube video version here. 

 

Gen X Conversations Part 2: The Weight of “Stuff” and the Cost of Waiting

Have you ever looked around your parents’ house and thought… who’s going to deal with all this stuff one day? That’s the reality many of us in Gen X are facing, caught between raising our own kids, supporting aging parents, and trying to prepare for our own future at the same time.

If this resonates with you, join the conversation, share your experiences in the comments, and let’s figure out how to make these tough transitions just a little easier.

PART 1: The Sandwich Generation

PART 2: The Weight of “Stuff” and the Cost of Waiting

PART 3: Why Avoiding Probate Matters More Than You Think 

PART 4: Nursing Homes, Medicaid, and the Illusion of “We’ll Be Fine”

PART 5: Control, Medicaid, and Protecting the Next Generation

PART 6: Final Wishes and Lessons Learned

Gen X Conversations: Wrapping Up the Series

#genx #agingparents #estateplanning #caregiverlife #generationalwealth 

FREE RESOURCES AVAILABLE:
www.EstatePlanningEbook.com

www.FreeTrustCourse.com

www.FreeMedicaidCourse.com

Check out the YouTube video version here. 

Gen X Conversations Part 1: The Sandwich Generation

Four Gen X classmates, now a nurse, banker, zoning official, and attorney gather in a beach house to talk about the realities we often put off: caring for aging parents, planning for nursing homes, estate planning, and leaving a legacy.

Honest, heartfelt, and sometimes surprising, this conversation is a reminder that planning ahead is one of the greatest gifts we can give our loved ones.

PART 1: The Sandwich Generation

PART 2: The Weight of “Stuff” and the Cost of Waiting

PART 3: Why Avoiding Probate Matters More Than You Think 

PART 4: Nursing Homes, Medicaid, and the Illusion of “We’ll Be Fine”

PART 5: Control, Medicaid, and Protecting the Next Generation

PART 6: Final Wishes and Lessons Learned

Gen X Conversations: Wrapping Up the Series

#genx #agingparents #estateplanning #caregiverlife #generationalwealth 

FREE E-BOOK:

FREE RESOURCES AVAILABLE:
www.EstatePlanningEbook.com

www.FreeTrustCourse.com

www.FreeMedicaidCourse.com

Check out the YouTube video version here. 

5 Rookie Trust MYTHS

🚨 The biggest lies you’ve heard about trusts… EXPOSED!

Most people set up a trust thinking it’s the ultimate fix for everything, lawsuits, taxes, Medicaid, you name it. The truth? Believing these myths could wreck your entire estate plan.

In this podcast episode, I will reveal Top 5 Rookie Beliefs About Trusts that attorneys hear all the time… and why they’re flat-out wrong. If you want your plan to actually work the way you think it does, you need to understand this.

Learn more about Domestic Asset Protection Trust https://youtube.com/live/8LiEKf6i_qc?feature=share

FREE E-BOOK:
www.EstatePlanningEBook.com

Check out the YouTube video version here. 

End-of-Life Planning?

Most people make one common mistake: they load their Will with every little detail about their funeral, memorial, or burial. That usually backfires creating stress and confusion instead of peace of mind.

If you want your loved ones to have clarity, NOT chaos, this is a must-watch.

FREE E-BOOK:
www.EstatePlanningEBook.com

Check out the YouTube video version here.