Trusts have many uses. Perhaps the most important is that they can provide privacy at death. Garry Shandling is thought to have used a trust to provide privacy for those he left behind. The post Trusts for Privacy appeared first on Nirenstein, Horowitz & Associates P.C..
When you get older, it becomes increasingly important to protect assets from nursing home care. Taking steps to secure your wealth is essential because you need to ensure that your money and property is not lost if you require care in a nursing home setting. As the Wall Street Journal explains, more than 70 percent […] The post How Can I Protect My Assets From Nursing Home Care? appeared first on Nirenstein, Horowitz & Associates P.C..
This article examines the transfer of frequent flyer mile accounts to beneficiaries. It looks at Anthony Bourdain’s will and its disposition of his miles. The article points out that these are contractual rights and you may or may not be able to transfer them at death. The post Planning for Frequent Flyer Miles appeared first on Nirenstein, Horowitz & Associates P.C..
The recent tax law temporarily doubled the estate tax exemption. That doesn’t mean there’s no need for estate planning. Estate plans consider many important aspects, not just estate taxes. This article examines some of the many considerations besides estate taxes. The post Estate Planning: It’s Not Just About the Estate Taxes appeared first on Nirenstein, Horowitz & Associates P.C..
This article examines the deaths of two people who died from doing very typical things. You never know what risks might be around the corner, even in seemingly safe endeavors, so you should be prepared. The article looks at the elements of a basic plan. The post You Never Know: Planning for the Unexpected appeared first on Nirenstein, Horowitz & Associates P.C..
Nobody wants incapacity, not for yourself and not for your loved ones. But planning for that possibility can avoid complications and increase options. The article discusses the elements of incapacity planning and the need for flexibility to do Medicaid planning. It discusses how a trust with Medicaid triggers can allow that. The post Incapacity Planning appeared first on Nirenstein, Horowitz & Associates P.C..
Medicaid attorneys can provide you with invaluable assistance in taking steps to get your healthcare costs covered as a senior. You need to ensure that you have a solid plan for affording healthcare because it can be very expensive to get the care you need as you age. In fact, Employee Benefit Research Institute (EBRI) […] The post What Can Medicaid Attorneys Do To Help You Cover Healthcare Costs as a Senior? appeared first on Nirenstein, Horowitz & Associates P.C..