Cryptocurrency And Estate Planning: What Digital Investors Should Know. Cody Barbo Forbes Councils Member Digital assets have been around for quite some time, but they seem to be dominating headlines again this year. In part, you can thank high-profile figures…
How to apply for Medicaid Below is a general guide to the Medicaid application process. Be sure to contact your local Medicaid office for state-specific rules. Note: Your Medicaid office may be called the Department of Health, the Department of Social Services, the Department…
Estate Planning Techniques for Gifting Many families routinely gift assets to heirs and some plan to leave assets to heirs above the amount the government allows to pass free of gift or estate tax. When it comes to estate planning…
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…
A Single Parent’s Guide To Estate Planning If you are a single parent, it is important to understand the benefits of having an estate plan. Here's what you need to know. By John Wong Updated: October 07, 2021 Estate planning is essential…
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.…