Medicaid Annuity might be an Option
For couples who face depleting their own assets, using a Medicaid-compliant annuity could be a way to preserve assets and still qualify for Medicaid.
March 7, 2022
Debt doesn’t Disappear when Someone Dies
Adult children typically don’t have to pay their parents’ bills. However, there are exceptions. Even when a child doesn’t have to pay directly, debt could reduce what they inherit.
March 4, 2022
Naming Power of Attorney is extremely important
These agents take over your affairs in specific areas, if you become physically or mentally incapacitated.
March 3, 2022
A Trust provides more flexibility than a Will
Trusts are often associated with the rich, but the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.
March 2, 2022
Keeping Vacation Home in the Family
If you do not plan appropriately and thoughtfully, problems may arise with respect to this property and your family when you are gone.
March 1, 2022
Options to give Assets to Minor Grandchildren
You have many options to make sure your wishes are followed after you die.
February 28, 2022
Filing Taxes when a Loved One passes
No one likes doing taxes, but the task is even more daunting when filing a return for someone who has died.
February 24, 2022
When Does Someone Need a Guardian?
Seeking a guardianship for a loved one is a decision that shouldn’t be taken lightly. Here’s how the process works.
February 23, 2022
The Estate of The Union Episode 14: Needle in a Haystack – Finding the right Caregiver is out now!
The Estate of The Union Episode 14: Needle in a Haystack – Finding the right Caregiver is out now! Getting squeezed between being a parent
February 22, 2022
Family Caregivers eligible for Tax Credits
There are actually several tax credits and deductions available to adult children who help look after their aging parents or other relatives.
February 21, 2022