While estate planning may seem exclusive to the very rich, an estate is simply the aggregate of property that an individual owns, and nearly everyone owns something. Property ownership includes individual as well as jointly owned bank accounts, stocks and… Read more »
Month: November 2022
What Are the Circumstances Under Which Disinheriting a Child Becomes a Mistake?
Property or money inheritance is generally treated equally by most parents. But sometimes, parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be that a child who is… Read more »
Plan Ahead When It Comes to Inheritances and Medicaid
Medicaid and inheritances are tricky areas to navigate, and mistakes can cost you a lot of money. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully… Read more »
Elder Law and Estate Planning: How They Differ
Estate planning and elder law differ from each other when it comes to planning for your future financial affairs and health care needs. Estate planning and elder law also have some similarities. Even though these two types of law are… Read more »
Tips for Selecting a Continuing Care Retirement Community
Across the country, continuing care retirement communities (CCRC) are gaining popularity. Sometimes referred to as life plan communities, the goal is to provide a long-term care option for older residents. These residents prefer to live in the same community, though… Read more »