In some cases, due to the amount of assets you have or gifts you have given prior to needing Medicaid coverage for long-term care at a nursing home, you may ...
Because Medicaid is need based, there are fairly strict guidelines regarding your assets and how they can be handled. The purpose of these guidelines is to prevent people from giving ...
It is natural to worry about your assets if you need to use Medicaid to cover long-term care, especially if you have a spouse or dependent children to provide for ...
There is often a lot of confusion regarding the difference between Medicaid and Medicare when people first begin planning for long-term care needs, or are unexpectedly faced with needing nursing ...
ax time is here, which often leaves people thinking about how taxes with effect their retirement and estate planning. Let's take a closer look at some general and common questions ...
We are often asked if giving away all of your possessions and assets prior to dying will help avoid the state and federal taxes on your estate. The answer is ...
Federal estate taxes are often a big concern we hear addressed when estate planning. A Living Trust may be a benefit, if federal estate taxes are a concern. While a ...
You might think that once you have a Living Trust in place, its a fix it and forget it situation that will not require any more work when you die. ...
You may think that only extremely wealthy individuals need a Living Trust. Nothing could be farther from the truth! The purpose of a Living Trust is to designate someone as ...
We discuss Living Trusts a lot on our blog, and that is largely due to the fact that Living Trusts have so many advantages over other types of estate plans. ...