Planning for long-term care is a crucial but often overlooked part of estate planning. Determining who will care for you and how that care will be paid for can be an uncomfortable conversation, yet it ...

Although Medicaid is rarely more than a fleeting thought for most people, when long-term care becomes urgent, Medicaid suddenly becomes top of mind.

For those who don't qualify for long-term care insurance or can't afford it, the Medicaid Asset Protection Trust ("MAPT") can protect your assets from the high cost of long-term care in your home or ...

A safer alternative to transferring your real estate to your children for a $1 is transferring the property to a Medicaid Asset Protection Trust. Before explaining how this trust works, it is ...

An individual can protect their assets from Medicaid, including their home, by placing them into a trust. Essentially, the assets become owned by the trust and not by the individual. This mechanism ...

Medicaid can pay for long-term care if you meet its means-testing restrictions. The federal-state program is designed to help only people of limited financial means. However, people with more ...

As a financial advisor, you will have clients who are doctors, lawyers, accountants, or real estate agents. There are the top four professions that attract lawsuits when they make costly mistakes. If ...

My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up ...

This program is designed to provide valuable information to attorneys who represent families and individuals who wish to protect their assets while utilizing Medicaid assistance. Senior citizens and ...

Gifting property outright means you relinquish all control. Once the deed is in your children’s names, they can sell, ...