Can I use a trust to qualify for Medicaid?

As we enter our twilight years, Medicaid becomes much more important, if not vital to our long-term planning. After all, nursing homes can cost well over $100,000 a year, and this cost is not covered by Medicare. And, for each dollar that goes to your long-term care or the nursing home, is another dollar taken [...]

By |2022-09-29T17:33:51-04:00September 29th, 2022|Estate Planning, Medicaid|Comments Off on Can I use a trust to qualify for Medicaid?

Obtaining a power of attorney for a parent with dementia

Receiving a dementia diagnosis for an elderly parent can be emotionally devastating. You and your family will have a lot of choices to make during this very difficult time, including who will make certain decisions for your parent. The process can feel confusing and overwhelming, especially if you are going through it while trying to [...]

By |2022-09-22T08:58:58-04:00September 22nd, 2022|Power of attorney|Comments Off on Obtaining a power of attorney for a parent with dementia

What if I do not want to leave my adult child an inheritance?

Family relationships can be complicated, to put it nicely, and you may conclude that you do not want to leave an inheritance to your adult child. Perhaps there is bad blood between you and your child or perhaps you simply feel your child does not need the inheritance and you would rather leave your estate [...]

By |2022-09-09T17:30:30-04:00September 9th, 2022|Estate Planning|Comments Off on What if I do not want to leave my adult child an inheritance?

What is an inter-vivos trust?

\Estate planning can provide benefits for you and your loved ones, but it does come with a lot of terminology which you may find unfamiliar or intimidating. One such estate planning vocabulary term could be “living trusts,” also known as, inter-vivos trusts. These estate planning tools can help during your lifetime and allow your assets [...]

By |2022-09-01T17:27:17-04:00September 1st, 2022|Trusts|Comments Off on What is an inter-vivos trust?
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