Many people believe that Medicaid and Medicare are one in the same. Although these government sponsored programs share a similar name, there are many differences to be aware of. What is Medicaid? Medicaid is a joint federal and state program helping low income individuals pay for medical related expenses. Many people don’t realize that the […]
General
Tips for avoiding a will contest
Probably one of the most easily avoided types of lawsuit is the will contest. While it may be an attempt to get more assets than other family members, many times it is as much about the principle of equal treatment. Unless there is some type of undue influence that can be proven, chances are that […]
This is not your mother’s estate planning
While estate planning seems to be far down the priority list of most people, it seems to be even more likely with older women. Female baby boomers seem to have followed in the footsteps of their mothers, assuming that estate planning and finances are for fathers and husbands. But things have changed significantly for the […]
Divorce can have significant effect on estate planning
With the high divorce rate in this country, many legal issues can arise before, during and after a divorce is final, or even before it is filed. One area that can be strongly impacted by divorce is estate planning. Once the legal bonds between spouses are dissolved, many things that seemed automatic about who gets […]
Funding the trust critical to successful estate plan
Many articles are written about the difference between wills and trusts. The estate planning method that is best for you will vary depending on your individual circumstances. But if you choose a trust, it starts out as an empty shell. In order for the trust to work correctly during your lifetime and after, properly funding […]
