You should take a comprehensive approach to your financial endeavors. Of course, the first priority is to accumulate resources, but you should also take the appropriate steps to protect what you have earned. In this post, we will look at a few … [Read more...] about Asset Protection: Secure Your Resources
Advanced Estate Planning
What Is a QDOT and Why Would You Need One?
People in the legal field use acronyms to describe devices with long names, and one of them is the QDOT. This is a type of trust that can be useful for high net worth individuals that are married to citizens of a country outside of the United … [Read more...] about What Is a QDOT and Why Would You Need One?
Donor Advised Funds: Too Good to Be True?
There’s a way to make a charitable gift and yet be able to influence where it goes and how it’s invested. This can be very handy if you want to time your charitable giving for income tax reasons. Read on to learn more. … [Read more...] about Donor Advised Funds: Too Good to Be True?
Why Would Medicaid Be Relevant to a Medicare Beneficiary?
When you work and pay FICA or self-employment taxes, you earn retirement credits that lead to Medicare eligibility. You get four credits a year if your income exceeds a very nominal threshold, and you will earn eligibility when you have accumulated a … [Read more...] about Why Would Medicaid Be Relevant to a Medicare Beneficiary?
Importance of Long Term Care Planning
Elder law attorneys assist clients who are concerned about legal and financial matters they may face as senior citizens, and long-term care is at the top of the list. It is a major source of concern because Medicare does not pay for the custodial … [Read more...] about Importance of Long Term Care Planning
Can a Person With a Disability Establish a Supplemental Needs Trust?
There are pointed estate planning solutions that can be utilized to satisfy certain specific objectives. The best way to provide assets to one person on your inheritance list may not be appropriate for the next. This certainly applies to estate … [Read more...] about Can a Person With a Disability Establish a Supplemental Needs Trust?
