Can I Retain Some Assets and Still Be Eligible for Medicaid?
Posted on July 6, 2021 by shieldsandboris
The bill for long-term care adds up fast. The annual median cost for a private room in a nursing home was $105,850 in 2020, according to Genworth. The government could pick up these costs if you qualify for Medicaid, but that’s easier said than done.
Do I Need an Estate Plan If I’m Not Married?
Posted on July 2, 2021 by shieldsandboris
If you don’t have a spouse or children, you might think you don’t need to do much estate planning. However, if you have any assets, any familial connections, any interest in supporting charitable groups – not to mention a desire to control your own future – you do need to establish an estate plan.
What Is the Main Purpose of a Trust?
Posted on June 30, 2021 by shieldsandboris
Before you decide to put your home in an irrevocable trust, it is important to have a basic understanding of what you are doing and why.
Do You Have to Do Probate when Someone Dies?
Posted on June 29, 2021 by shieldsandboris
For most of us, the first time we ever thought about probating a will is when someone in our family has died. So, what does it mean to probate a will?