Understanding the Medicaid eligibility requirements in Connecticut is vitally important in order to make certain that you can get Medicaid to cover you when you need care. Medicaid is one of the most important programs that exists, not just because it provides medical services to people with low incomes, but also because it is the [ ] The post Income Rules and Medicaid Eligibility Requirements appeared first on Nirenstein, Horowitz & Associates P.C..
When a person is named as executor of a will, there are many executor duties that have to be fulfilled during the probate process. It is not a small matter to agree to be an executor of a will because of the extensive obligations that are imposed upon you. Not only do you have many [ ] The post List of Executor Duties appeared first on Nirenstein, Horowitz & Associates P.C..
The probate process is the process by which the majority of property transfers after a death, unless estate planning steps have been taken to facilitate the transfer in other ways. Assets that transfer through the probate process may be subject to estate tax if the estate is a large one. It can also take several [ ] The post List of Probate Assets appeared first on Nirenstein, Horowitz & Associates P.C..
Far too many people do not fully consider their retirement options and are not prepared for retirement. According to Investopedia, the average savings for people aged 55 to 64 is just $104,000, which produces income of just $310 monthly. This is obviously not enough to live on, even if you factor in that you will [ ] The post Retirement Account Options appeared first on Nirenstein, Horowitz & Associates P.C..
A testamentary trust is one of many different kinds of trusts which is recognized under Connecticut trust law and which is created for the purposes of controlling and protecting assets. There are many benefits to a testamentary trust, as well as certain limitations. Because there are different types of trusts, each with their own pros [ ] The post What is a Testamentary Trust? appeared first on Nirenstein, Horowitz & Associates P.C..
A Connecticut Medicaid lawyer provides invaluable assistance with asset protection and with making certain you can receive nursing home care. You need to talk with an attorney who understands Connecticut Medicaid rules and who can work with you to make certain you can qualify for Medicaid coverage in case of a serious medical issue in [ ] The post Preparing to Meet with a Connecticut Medicaid Lawyer appeared first on Nirenstein, Horowitz & Associates P.C..
An asset protection trust is a generic term used to describe different kinds of trusts that provide different protections for your personal wealth. An asset protection trust can keep your assets safe in lots of different ways, depending upon the kind of trust that you create. The type of trust you create is going to [ ] The post How Does an Asset Protection Trust Work? appeared first on Nirenstein, Horowitz & Associates P.C..