Instead of sit-ups this year, resolve to create or update your estate planning documents
Why not make 2019 the year you finally give yourself and your loved ones the peace of mind of a well thought out estate plan… Read More
Why not make 2019 the year you finally give yourself and your loved ones the peace of mind of a well thought out estate plan… Read More
Instead of politics, talk with your loved ones about estate planning. Make notes and discuss end of life wishes; ask family if they have done a will or trust; remind people that marriage or divorce may have invalidated an otherwise complete document… Read More
Yes! Most people would be surprised to hear that their college-aged child needs estate planning documents. At age eighteen, a child is legally considered an adult but may still benefit from the assistance and guidance of their parents… Read More
After someone dies, a court process known as probate may be required to ensure debts and taxes are paid and remaining assets are transferred to the rightful recipients… Read More
An ABLE account is a tax advantaged savings account for someone with disabilities with an onset prior to age twenty-six. Means tested programs like Supplemental Security Income (SSI), Medicaid, and Section 8 housing, have limits on resources and income… Read More
You may need a Guardianship or Conservatorship to be able make medical or financial decisions for your loved one. When an adult is no longer able to make important decisions because of a mental or physical illness, they often rely on their family and friends for help… Read More
The ABLE Act allows qualified individuals with a disabling condition to establish and fund a tax-advantaged savings account from which they can pay for disability related expenses… Read More
It can be very confusing and/or frustrating when a Medicaid application has been denied or benefits terminated. Steps need to be taken to preserve your rights… Read More
Supplemental Security Income (SSI) is a means tested benefit that provides $735/month (for 2017) in income to the beneficiary. The beneficiary is not allowed to have more than $2,000 in countable resources… Read More
If a Medicaid applicant has gross income over the Medicaid limit of $2,199 per month (in 2016) an income cap trust is a device to enable the applicant to qualify for Medicaid with respect to the income requirement… Read More