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The Child Caretaker Exception: A Little Known Rule to Protect Your House from Medicaid

If you have looked into nursing home care for a loved one, you know that the cost of care in a facility is so costly that few people can afford to pay for it out of pocket for very long. As a result, many people must “spend down” assets i… Read More

Aid and Attendance Improved Pension Benefits: The Veterans' Benefit You've Never Heard Of

Have you ever heard of the Veterans Aid and Attendance Improved Pension Benefit? If not, you’re not alone: many people are unaware of this benefit, which provides a long-term care benefit for veterans and their spouses or widows who need the re… Read More

Are Your Beneficiary Designations Up to Date?

You’ve signed your will, funded your trusts, and prepared powers of attorney. You’ve done everything you need to do to provide for your future and the security of your family—or have you? If you are like many people, you’ve forgot… Read More

Don't Forget to Fund Your Trust!

You’ve heard repeatedly about the benefits of having a living trust as part of your estate plan. You can keep your assets from having to go through probate. You can retain control of assets during your life, and exercise control over how they a… Read More

What is a Durable Power of Attorney?

You’ve probably heard the expression “durable power of attorney,” but do you know what a durable power of attorney involves, and how it differs from a regular power of attorney? Unless you have a power of attorney as part of you est… Read More

How to Choose the Right Lawyer to Prepare Your Ohio Legacy Trust

UPDATED: As a high net worth individual who’s enthusiastic about preparing an Ohio Legacy Trust to shield your assets from creditors and predators, you want to choose an effective attorney to help you. This short essay can help you figure out your… Read More

What Is a Special Needs Trust?

If you want to leave money or property to a disabled child or loved one, you face several practical challenges. For instance, in passing along assets, you could jeopardize his or her Supplemental Security Income (SSI) and Medicaid benefits. For the m… Read More

What Are the Basics of Aid and Attendance Planning?

Veterans and survivors who require the aid and attendance of another person, or are housebound, may be eligible for a VA pension with additional monetary payment for higher care needs. These benefits are paid to individuals who need help performing a… Read More

Creating a Medicaid Asset Protection Trust

You’ve worked diligently over decades to save, plan for the future and protect yourself against various financial contingencies. Unfortunately, if you lack long-term care insurance, and you fail to establish an effective estate planning strategy, t… Read More

How Does the Probate Process Work?

Probate is the legal process by which a court formally recognizes that a will is valid and supervises the executor, who carries out the deceased person’s last wishes as explained in the will. If a person dies without a will or estate plan, probate… Read More