
Will Making a Gift Conflict with Medicaid?
Understanding the different treatment of gifts by the IRS, Medicaid and VA systems can ensure that property passes as expected.
Understanding the different treatment of gifts by the IRS, Medicaid and VA systems can ensure that property passes as expected.
Here are four types of estate situations that could call for professional legal help.
What will happen to your assets when you can no longer manage them?
Most people don’t know the first thing about the Secure Act and yet it has great impact on their retirement planning.
Homes are illiquid assets that produce no income and come with ongoing costs for upkeep. Those issues can cause some snags with your trust.
There are two main kinds of trusts: revocable and irrevocable.
Trusts are often associated with the rich, but the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.
Estate Planning may not be something you necessarily WANT to think about, but it could protect your interests and wishes long after you are gone.
These are among the things an estate attorney can help you with planning. That’s why it’s essential to ensure you have one by your side, if you’re leaving an inheritance behind.
Under the new Biden administration, the president has made his intentions clear about the potential to change the tax code.