A comprehensive, properly constructed estate plan will account for end-of-life issues. While incapacity planning can seem like something that happens to a limited number of people, when you examine the facts, see that a very significant percentage of senior citizens become unable to handle all of their own decision making eventually. Studies have found that… Read more »
Estate planning can seem like a subject that is only relevant to senior citizens. Obviously, the matter is going to be more pressing when you reach an advanced age. At the same time, if you think about it pragmatically, you will probably come to the conclusion that every responsible adult should have an estate plan… Read more »
The federal estate tax looms large for high net worth families. This death tax carries a top rate of 40 percent, so we are talking about a significant piece of your legacy. The good news is that most people are not exposed to the federal estate tax, because the exclusion or credit is relatively high…. Read more »
The process of estate planning is often thought of as something that is only important for people who have reached an advanced age. We all know that senior citizens are more likely to pass away than their younger counterparts, but in truth, all responsible adults should have an estate plan in place. There have been… Read more »
You may feel as though the Medicaid program is irrelevant to you. After all, Medicaid is a government health insurance program for people with virtually no financial resources, right? Indeed, Medicaid is a need-based government health insurance program. It is jointly administered by the state government along with the federal government. Most seniors will qualify… Read more »
The people who serve our country in the United States military are true heroes. Since 911, we have been very active around the world, and thousands upon thousands of our countrymen and women have put their lives on the line to preserve our freedoms here on American soil. When people risk their lives and subject… Read more »
Estate planning can be looked at in a couple of different ways. You could do the bare minimum so that you have basic protections in place, or you could go the extra mile and engage in the process of legacy planning. When you proactively shape your legacy, you take control of the way that you… Read more »
Before we provide an explanation of the Medicaid look-back, we should explain why Medicaid should be on your radar if you are going to qualify for Medicare coverage at the age of 65. It is true that Medicaid and Medicare are both government run health insurance programs. If you qualify for Medicare when you attain… Read more »
People with disabilities often rely on government benefit programs that are only available to people with a significant level of financial need. Medicaid provides health care insurance, and this is one of the benefits that people with special needs often rely upon. For income, many individuals with disabilities rely on Supplemental Security Income or SSI…. Read more »
There are many different things to take into consideration when you are devising your estate plan. What is important for one person may not be important for the next, so you should understand the facts and act in a fully informed manner. Personalized attention is of great value, because your plan should be custom crafted… Read more »