If you are dealing with Medicaid and inheritances, it is possible to make mistakes. The consequences of those mistakes can be severe. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The…
ABA explains that probate is a legal process that gives legal recognition to a will, appoints the executor to administer the estate, and appoints the personal representative (executive) to distribute property. Navigating the probate process will vary according to state…
This is a question we hear often. Learn what type of trust suits your specific situation and whether you need one. For example, maybe you have a disabled child and you want a trust to permit that child to inherit…
Consider a scenario in which your estate plan is all set. Making sure your family gets your home, savings, and investments fair and efficiently will be the task of this service. Your plan will also protect your legacy from your…
Consider the Federal Long Term Care Insurance Program (FLTCIP) if you or a loved one is a federal or US postal employee or an active or retired member of the Uniformed Services. First, the basics of long-term care: it isn’t…
A tear streams down Kevin’s cheek as he stands in front of Winnie’s nursing home room. The medical staff just finished inserting a feeding tube into Winnie – an act Kevin knew she didn’t want. Unfortunately, Winnie couldn’t express her…
Legal disputes about wills and trusts, guardianships, and conservatorships can also influence family real estate and the authenticity of gifts. The most successful approach to mitigating or avoiding probate litigation risk is carefully planning for the future. Comprehensive estate plans…
Having a loved one lose their memory can be a difficult experience for the entire family. The person who has been the head of the family may soon fade from the person they once were, leaving their loved ones to…
A charitable trust is an irrevocable trust that provides income to heirs while benefiting you or a charity. If you are philanthropically minded with nonessential assets like stocks or real estate, a charitable trust can offer many financial advantages for…
You must consider certain criteria when you need to select an executor for your estate or accept the responsibility yourself as a representative of an estate. These include the complexity of the task and the order in which it should…