Are you a senior who suddenly finds the need to apply for Medicaid? If so, you are not alone. The high cost of long-term care often causes seniors who have never before needed to rely on Medicaid to turn to the program for help. If you find yourself in just such a position, the Glastonbury […]
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Clarity is essential in an estate plan. This article examines the case of Tom Petty, what he did right and what he did wrong. It shows that clarity can avoid problems later.
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Irrevocable trusts often can be modified. They can be modified under the Uniform Trust Code or a state law decanting. While these modifications may be determinative of the state law consequences, they may not determine federal tax consequences. Read on to learn more.
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Each year, crowdfunding websites raise money for causes. Did you know such a website could impact your eligibility to receive Medicaid? Read on to learn how crowdfunding can impact Medicaid eligibility.
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Each of us will die eventually. This article looks at how planning can make our passing easier for our loved ones. Specifically, this article looks at how planning can maintain privacy for your loved ones.
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A Power of Attorney (POA) is one of the most common tools used in estate planning as well as in other areas of the law. As such, there is a very good chance that you will have a need for a POA at some point during your life. Deciding which type of POA you need […]
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Like many people, you may have considered including a living trust in your overall estate plan. In fact, a living trust is one of the most common of all estate planning tools, due in large part to the numerous goals that can be furthered using a living trust. Although you should always consult with an […]
The post What Are the Advantages and Disadvantages of a Living Trust? appeared first on Nirenstein, Horowitz & Associates P.C..