Estate Plans and Powers-Of-Attorney For Special Needs Clients

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Estate planning, trusts, wills and living wills are confusing and convoluted. Estate plans cover several of these items, but trusts can be a different matter. With state and federal laws regarding inheritance and property changing every year and contributing to the confusion, an individual or family should not rely on a do-it-yourself approach. What poses [...]

Medicaid Estate Planning: Maximize Your Results

For those of you not familiar with the 2005 Tax Reduction Act, some of the provisions address specific transfers by seniors under the new Medicaid nursing home provisions. Under the new provisions, before seniors qualify for Medicare assistance into a nursing home, they must spend-down their assets. These new restriction have a 5-year look-back. The [...]

Estate Planning Overview Update – Key Issues to Consider for Your Wills and More

This overview presents the key issues to consider when designing and executing the best estate plan. Also, the work does not stop at signing your estate plan documents; you must also complete the follow up work of beneficiary designations, memorandum to fiduciaries, etc. The goal is to avoid the pitfall of no plan done and [...]

The Real Deal With Estate Plan Trusts

Estate planning is a way of preparing properties and other items for a specific person and the people that are special to them. This involves organization of properties and possessions into a will. A real estate plan would significantly lessen the taxes of the properties that are included in the will. Also, planning a real [...]