5 Common Estate Planning Documents Explained
Jun 03, 2015
You probably hear people talk about wills and trusts and powers of attorney, but do you really know what those documents are? Do you know what they are used for? They are all important for different...
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Who Can Act as Executor of Administrator of The Estate?
May 22, 2015
The first step for a successful estate administration is determining who is entitled to act as the Executor or Administrator of the decedent's estate. Review this guide for a rundown of this topic an...
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Crisis Medicaid Planning. The Reverse Half A Loaf Process.
May 21, 2015
If the need for long term care comes unexpectedly or if you knew that nursing home care was likely, but have simply not planned properly, there may still be hope to protect some of your assets. This...
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Have You Seen How Expensive Long Term Nursing Care Is? A Trust Could Save the Day!
May 21, 2015
Now is the time to start proper planning so that you and your family are not caught off guard and left scrambling should the need for nursing care come unexpectedly. It is always better to plan ahead...
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Medicaid Asset Protector Irrevocable Trust
Sep 21, 2010
When you are unable to obtain long-term care insurance, you should next consider the Medicaid Asset Protector Trust. Outright gifts to children are discouraged because those
assets become exposed to...
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PENNSYLVANIA ESTATE RECOVERY PROGRAM
Sep 03, 2010
PENNSYLVANIA ESTATE RECOVERY
PROGRAM
The Pennsylvania Department of
Public Welfare (hereinafter DPW) operates an estate recovery program which
seeks to recover certain payments made by the Common...
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Caregiver Exception: Saving The Family Home From Nursing Home Spending
Aug 17, 2010
SPECIAL CAREGIVER
EXCEPTION TO SAVE THE HOME
FROM NURSING
CARE SPEND DOWN
Many people are becoming
increasingly concerned about the possibility that they, a parent or loved one
may lose the value of ...
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When Should You Update Your Will and other Estate Planning Documents?
Feb 18, 2010
The individuals you have named are deceased. You might have named someone as a beneficiary, executor, guardian, trustee or power of attorney who is now deceased. It is necessary to update the docume...
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Create An Appropriate Special Needs Trust
Dec 08, 2009
Who Should be Trustee Itis important to have the right trustee taking control of assets in a SNT. You should consider a close family member first, but if you do not want to involve family in this pr...
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Second Marriage Estate Planning Checklist
Nov 13, 2009
Terminate, Will, Power of Attorney and Living Will From Prior Marriage You have to remove your ex-spouse! Even if you removed him/her prior to the second marriage, not all provisions of a new will o...
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