Is Prior Occupancy Required to Have Home Excluded,When Qualifying for Long-Term Medicaid ? By Jill Roamer, J.D., CIPP/US Medicaid Planning When qualifying for long-term Medicaid, there are asset and income restrictions. In many states, the applicant cannot have more than $2,000 in…
SAVINGS TOD Accounts Versus Revocable Trusts – Which Is Better? Both help you pass down assets while avoiding the time and expense of probate, but one comes with a lot more flexibility than the other. by: Tracy Craig, Fellow, ACTEC, AEP®, Emily…
Estate Planning for Millennials. Get on top of your estate planning, so you can get on with your life. If you are a Millennial in your twenties or thirties, you may be wondering why you need an estate plan in…
What is a generation-skipping trust? A generation-skipping trust helps you transfer money and assets to someone who is at least 37.5 years younger than you, while minimizing estate taxes A generation-skipping trust is used to transfer money or other assets…
Is Your Estate Plan Up to Date? It’s generally recommended that you review your will and other end-of-life documents at least every few years, although there can be reasons to do a checkup more often. While the pandemic appears to…
The Forgotten Family Member: Advocating for Pet Trusts Whether as a friendly companion or a fully-fledged family member, pets have become an intrinsic component to many households. According to the American Pet Products Association, 67% of American families own a pet today.…
IS YOUR ESTATE PLAN LIKE AN EASTER EGG HUNT? Every Easter, kids have a blast searching their home, backyard, or church property for small plastic eggs hidden with goodies. This type of scavenger hunt is enjoyable, but it won’t be…
It's Spring! Time For a Little Spring Cleaning. 12 Instances Where You Should Update Your Documents. 1. You are having your first child. This one should be a no-brainer, and the birth of a first child is usually when people…
Don’t Be Like Johnny Depp, Get a Prenup Kelli B. Grant@KELLIGRANT.MONEY@KELLIGRANT Not having a prenuptial agreement can be a costly mistake — not just for Johnny Depp, but for you as well. Depp, 52, and his wife of just 15…
Estate Documents You’ll Need Beyond A Last Will And Testament Justin Goodbread Forbes Councils Member Nobody likes to talk about it, but death is inevitable for all of us. Therefore, you should count every moment as a blessing. Beyond this,…