A charitable trust is an irrevocable trust that can provide income to your heirs and benefit you. If you are philanthropically-minded with nonessential assets like stocks or real estate, a charitable trust can offer many financial advantages for all those… Read more »
Month: July 2022
The Most Significant Transfer of Wealth in US History
History has never seen a financial situation quite like this before. Baby boomers preparing to pass on their legacies through estate plans put America on the brink of the largest ever transfer of wealth. Over the next 25 years, projections estimate 68.4… Read more »
Planning Your Estate as an Entrepreneur
Among entrepreneurs, there are several characteristics that they all share: motivation, creativity, persuasiveness, risk tolerance, versatility, vision, innovation, communication and collaboration, flexibility, and decisiveness. These individuals create new businesses bearing most of the risks and reaping most of the rewards… Read more »
Waivers for Nursing Facility Care in the Home Under Medicaid
Those who believe they cannot meet Medicaid’s strict income and asset limits for long-term care benefits might want to think again. If you currently demonstrate the need for nursing home facility services, you may meet health eligibility rules for a… Read more »