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Be Cautious When Planning for Medicaid and Inheritances

Be Cautious When Planning for Medicaid and Inheritances

If you are dealing with Medicaid and inheritances, it is possible to make mistakes. The consequences of those mistakes can be severe. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The…

An Overview of the Probate Process

An Overview of the Probate Process

ABA explains that probate is a legal process that gives legal recognition to a will, appoints the executor to administer the estate, and appoints the personal representative (executive) to distribute property. Navigating the probate process will vary according to state…

What Are the Advantages of Trusts?

What Are the Advantages of Trusts?

This is a question we hear often. Learn what type of trust suits your specific situation and whether you need one. For example, maybe you have a disabled child and you want a trust to permit that child to inherit…

Inheritance: The Importance of Your Personal Possessions

Inheritance: The Importance of Your Personal Possessions

Consider a scenario in which your estate plan is all set. Making sure your family gets your home, savings, and investments fair and efficiently will be the task of this service. Your plan will also protect your legacy from your…

How Are Advance Directives Used?

How Are Advance Directives Used?

A tear streams down Kevin's cheek as he stands in front of Winnie's nursing home room. The medical staff just finished inserting a feeding tube into Winnie – an act Kevin knew she didn’t want. Unfortunately, Winnie couldn’t express her…

Probate Litigation: How to Avoid It

Probate Litigation: How to Avoid It

Legal disputes about wills and trusts, guardianships, and conservatorships can also influence family real estate and the authenticity of gifts. The most successful approach to mitigating or avoiding probate litigation risk is carefully planning for the future. Comprehensive estate plans…

An Overview of Alzheimer’s Stigmas

An Overview of Alzheimer’s Stigmas

Having a loved one lose their memory can be a difficult experience for the entire family. The person who has been the head of the family may soon fade from the person they once were, leaving their loved ones to…

Heirs Can Receive Income From Charitable Trusts

Heirs Can Receive Income From Charitable Trusts

A charitable trust is an irrevocable trust that provides income to heirs while benefiting you or a charity. If you are philanthropically minded with nonessential assets like stocks or real estate, a charitable trust can offer many financial advantages for…

A Guide to Estate Settlement

A Guide to Estate Settlement

You must consider certain criteria when you need to select an executor for your estate or accept the responsibility yourself as a representative of an estate. These include the complexity of the task and the order in which it should…

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