Estate Planning?
3 Ways To Estate Plan When Remarried
If you follow some simple steps, you can come up with a plan that meets everyone’s needs. Method 1 – Determining Your Goals And Priorities 1. Get tax savings. Good estate planning requires you to have a specific goal in mind and have ordered priorities. This will help you develop the best plan for your…
Read More13 Misconceptions About Nursing Homes And Your Assets
Knowing the truth about the following misconceptions could be highly beneficial and educating on your or your family member’s situation… Misconception No. 1: “If I Put My Assets In Joint Names With My Children, The Assets Will Be Exempt For Nursing Home Purposes.” The Truth: You are considered the owner of any assets that you…
Read More6 Steps To Protecting Your Assets From Nursing Home Care Costs
This is a must read if you or a loved one is worried about nursing home care costs and the government… STEP 1: Give Monetary Gifts To Your Loved Ones Before You Get Sick Of course, there’s no way to know with certainty if or when you will need nursing home care, but giving gifts…
Read MoreLiving Trusts Today Don’t Usually Protect Your Assets From Nursing Home Costs
Most trusts, even irrevocable ones, no longer work to qualify an individual for Medicaid… Individuals who have assets in excess of the allowable Medicaid limits have limited options today when it comes to qualifying for Medicaid. This most often comes up when older folks are trying to qualify for nursing home or other long-term coverage,…
Read MoreEstate Planning For A Child With Disabilties? This Is What You Need To Do…
This post will tell you what you should be doing and what you definitely shouldn’t be doing… Parents want their estates utilized to enhance and enrich the life of their special needs child while maintaining the child’s enrollment in essential public benefits programs. These goals can be met through the use of a properly prepared…
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