When you are looking ahead toward your retirement years, you may be omitting a very big expense from your projected budget. According to the United States Department of Health and Human Services, 35 percent of seniors will eventually reside in nursing homes. Genworth Financial tells us that the … [Read more...] about These Unexpected Expenses Can Destroy Your Legacy
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Three Reasons to Use a Trust Instead of a Will
A lot of people assume you should use a will as your asset transfer method when you are devising your estate plan. In fact, there are some good reasons to use a trust instead, and we will look at three of them here. Nursing Home Asset Protection A significant percentage of seniors require nursing … [Read more...] about Three Reasons to Use a Trust Instead of a Will
What Documents Are In a Complete Estate Plan?
A lot of people equate estate planning to the simple act of creating a will. They think that there is nothing else to do, but in fact, this is a misguided notion on multiple levels. Asset Transfer Vehicles The first thing that you should understand is the simple fact that a will is not always the … [Read more...] about What Documents Are In a Complete Estate Plan?
Can Medicaid Seize Your Home For Nursing Care?
Can Medicaid seize your home if you need nursing home care? It's a common question that we hear often. Our estate planning attorney, Hunter Montgomery, is happy to listen to your specific situation and help you craft an estate plan that takes your finances, property, and You may hear people … [Read more...] about Can Medicaid Seize Your Home For Nursing Care?
Life Care Planning: Preparations for the Eventualities of Aging
If you turn back the clock by 20 years, at that time, you would probably find it impossible to truly understand how you feel right now. The inability to fully grasp things that you have not yet experienced is part of the human condition. This makes for an interesting adventure in a way, but at … [Read more...] about Life Care Planning: Preparations for the Eventualities of Aging
These Estate Planning Myths Lead to Bad Decisions
Misinformation about some aspects of the estate planning process tend to circulate, and people that buy into these notions sometimes make costly mistakes. With this in mind, we will shed light on some of these myths in this blog post. You can plan your own estate effectively using a download that … [Read more...] about These Estate Planning Myths Lead to Bad Decisions
