Why Plan for Medicaid?
As we or our loved one's age, the possibility of long-term care looms in our consciousness. When the nursing home becomes a fact of life, issues of displacement, loss of independence, role reversals and in most cases the stark reality of financial ruin is thrust upon us as part of the nursing home experience. Catastrophe looms large for a family facing an $8,000-$10,000 per month cost for nursing home care.
At What Age Should You Have an Estate Plan?
At what age should you have an estate plan? No matter what your age, you need to create an Estate Plan to protect your well being, your family, and your assets. There are no cookie-cutter Estate Plans. Your plan should be tailored to your needs and your wishes.
Why do I Need a Will, if I Already Have a Trust?
If you were to drop dead today what would happen to your home and life savings? Unless you have planned for the inevitable, the probate courts will determine who is to receive everything. If you want to tell the probate court who gets everything, you can state your wishes in your Last Will and Testament.