Mary is updating her estate planning documents and is worrie…

Mary is updating her estate planning documents and is worried that the property that her daughter, Sally, will inherit from Mary may disqualify her from receiving certain means-tested government benefits. What type of trust should Mary consider setting up for Sally to receive her inheritance to help preserve such benefits?

John’s net worth is $17,000,000 consisting entirely of his s…

John’s net worth is $17,000,000 consisting entirely of his separate property. His wife’s net worth is $200,000, consisting entirely of her separate property. As part of John’s estate plan, he would like to transfer as much property to his children as possible after his wife’s death, while applying as much of his Estate Tax exemption as possible to his estate upon his death. He would also like to ensure that his wife has access to all of his net worth for the rest of her life. Assuming John died in 2024, and assuming his wife is a U.S. citizen, which of the following estate plans would best fulfill his goals: