Estate Planning and Elder Law Website
Most people do not have estate plans, but many of those that do have been quite diligent. They have a will or a trust that will facilitate asset transfers after they are gone, and they have a living will and durable powers of attorney to account for possible incapacity. If you have taken these steps, …
Avoid This Common Mistake That Can Erase Lifetime LegaciesRead More
Today let’s explore the interplay between Medicaid and home ownership. Medicaid may not seem relevant; after all, you’ll probably qualify for Medicare when you reach the age of 65. Although we understand this impulse, let’s consider how you might use Medicaid as part of an estate plan. We’ll also take a look at Medicaid reimbursement, …
Most people think of a will as the “right” estate planning document. After all, we’re all familiar with wills. They appear in movies, television shows, and even novels. You may have one yourself. It has been our experience that people are less familiar with trusts. Who uses a trust for estate planning? What does a …
Many people think that trusts are only for the ultra-wealthy. It has been our experience that most people think wills are “easier” than trusts to create and manage unless their family has complex requests or lots of property. In practice, we have found some very good reasons why everyday people may prefer a trust over …
