If you are looking to minimize or avoid probate altogether an estate planning attorney can help. Probate proceedings are part of the public record and can be very time-consuming and expensive. However, in nearly every case, some probate is necessary,…
When it comes to estate planning, no matter where you are in the process or whether you’re just starting to consider your options, you probably have questions about how your assets should be distributed. A trust can be a great tool…
When someone names you executor or personal representative of their estate, they believe you will be trustworthy to handle their assets and affairs after their death. Even though the decedent nominated you to be their executor, you will still need…
You may face additional costs to meet your special needs if you live on a fixed income despite being constrained by your medical condition. And your expenses are always higher than most, from food to medical care and other costs due…
Elder law and estate planning are often used interchangeably, but there are significant differences between them. While some overlap exists between the two, learning and implementing strategies from both law practice types is crucial to prepare for successful aging and…
Those who believe Medicaid planning only involves meeting strict income and asset limits may be surprised. You will also need to prove you need the level of care typically found in nursing homes. These health eligibility rules are valid if…
Even though having open and honest conversations with your family about your mortality is a sobering experience, it is prudent to do so. No one relishes the thought of their demise, and yet with forethought, you can ensure that your estate…
Most seniors believe that spending down their assets is the only way to qualify for Medicaid, which helps low-income seniors with limited income and assets afford health care and long-term care. While this is true in some cases, proactive Medicaid…
If you die without a will (intestate), the state will distribute your assets and property based on state law and might not align with your wishes. A will is a legally binding directive stating who will receive your property upon…
It is rare that assets are divided amicably in divorce (especially if there are children involved). While your estate plan may be the furthest thing from your mind during a divorce, without updating your documents, your ex-spouse may receive assets…