August 2023 Newsletter

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From The Certified Elder Law Attorney's Desk:

William W. “Bill” Erhart

Can You Use a Right of Occupancy?

Family dynamics can change drastically when a parent or spouse dies. In particular, if a surviving spouse remarries, the question of what happens to the family home can make dynamics among the children and the new spouse even more complicated.

Setting up a right of occupancy trust within your revocable trust can clarify who owns the property, who is allowed to live there, how long they can live there, and who will eventually inherit the property...

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