I’m Attorney Paul Bernstein of the Bernstein Law Group. And today, I’ll talk about revocable versus irrevocable trusts. So what’s the difference between a revocable and an irrevocable trust? Simply put, a revocable trust is one where the trust maker or the grantor can change the words. An irrevocable trust means that the trust maker can’t change the words of that trust. That doesn’t mean…
How to Protect Your Child’s Inheritance From Divorce
I’m attorney Paul Bernstein of the Bernstein law group. And I’d like to illustrate how to protect the inheritance for your child if they should ever get divorced. Here’s an example. A story of two families Let’s talk about two families. We have the Night family and the Day family. The Night family The Night family went to see an attorney and they said they…
This ONE Mistake Can Cost You and Your Family Your Home!
I’m attorney Paul Bernstein of the Bernstein Law Group. Are you aware that there are over 40 million lawsuits filed in the United States each and every year? Two potential arguments to defend yourself And if you find yourself in the very unlucky position where someone is threatening to sue you, you really only have two arguments to defend yourself with. The first argument is…