Nursing homes have historically resisted the concept of Medicaid planning based on the assumption that patients who engaged in Medicaid planning were trying to avoid paying their bills. In recent years, many nursing homes have started to rethink that position as they realize that Medicaid planning is often in their best interest as well as the patient’s.
Medicaid Gifts to Children
Do the Medicaid gifting rules and asset transfer penalties have you confused? If so, you are not alone! Unfortunately, failing to understand the rules and penalties could result in your ineligibility for benefits right when you need them the most. The answers to several common questions may help you gain a better understanding of Medicaid’s rules and penalties.
Next Generation Planning for Your Family Business
Many business owners spend so much time working in the business on day-to-day tasks that they forget to ask one essential question: “What will happen to my business after I’m gone?” Most family-owned businesses fail to outlive their owners. Learn how you can help your business survive you.
This New Year, Resolve to Plan Your Estate
What are your New Year’s resolutions this year? Ever thought about adding estate planning to the list? You should; and here’s how to do it.
How Life Insurance Can Fund Your Charitable Legacy
One method for making sure you leave a lasting charitable legacy is to let a life insurance policy do the work for you. Here’s how.
DOMA’s Impact on Estate Planning for LGBTQ Couples
Many in the LGBT community and nationwide are celebrating the Supreme Court’s rulings in U.S. v. Windsor and Hollingsworth v. Perry. What questions do these rulings raise, and how will they affect your estate plan?
Proper Planning Protects Your Vacation Home
Your vacation home is a source of countless cherished family memories, and you may want to keep the property in the family, for your children and grandchildren to enjoy even after you’re gone. However, without proper planning, your vacation home can become a source of conflict for your loved ones. Learn how good planning can protect your vacation home for future generations.
Fair Does Not Always Mean Equal
It’s something you figure out early in your role as a parent: treating your children fairly does not always mean treating them exactly equally. The fair vs. equal dilemma extends far beyond the days of mediating sibling squabbles and enforcing bedtimes. Sometimes in estate planning, as in parenting, fair does not necessarily mean equal.
How to Avoid an Estate Planning Scam
Did you know that estate planning scams are becoming more and more common? Here are three tips for making sure you are never a victim.
Which Costs More: Probate or Trust Administration?
A Living Trust can help you avoid probate, but does it really save you money? Let’s compare the cost of administering a Trust with the cost of probating a Will.
