The reality is that there may come a day when you or your loved one needs long-term care. It could be a home health aid or a full-time nursing home. Medicare does not cover most long-term care costs. Instead, Medicaid—a…
The AARP cites data showing that more than half of U.S. adults have not drafted a will. It is an alarming statistic because every person should have a customized estate plan in place. Estate planning generally starts with a will.…
Every adult should have a comprehensive, customized estate plan in place. Yet, the AARP cites survey data showing that six in 10 Americans lack a will—let alone other estate planning documents. An estate plan can help you secure your legacy.…
Do you want to protect assets while you are living and direct how those assets will be distributed upon your death? If so, you have several options to accomplish this. One that you should consider and may want to create…
Why is Estate Planning Important? As you go with your life, you will surely accrue a good amount of assets, family treasures, and wealth. But what will happen to all those if you become debilitated or die? This is…
In this blog, we will discuss what estate planning is, what is required and what things you must keep handy while planning to secure your family’s future. If you want to watch a short video on this topic on…
Grit Daily News has published a new interview with Holly Geerdes. The interview delves into Holly’s professional background, her career as a female entrepreneur and the personal reasons why she studied law. Here is the link to the full…
Legal Asset Protection: Steps To Transfer Assets Into Trust Trusts have become increasingly popular these days. It’s mainly because they are the most-effective way to transfer all the assets without going through the probate court. They are pretty simple to…
Does an Irrevocable Trust Avoid Estate Tax? We all know, there are two types of trusts: Irrevocable and Revocable. People prefer Revocable Trust because it can be modified by the Grantor anywhere and anytime. Revocable Trusts are used to…
Can you verbally revoke the power of attorney? Letting someone else make decisions for you can be a lifesaver. For instance, if you were involved in an accident and the hospital needed permission to perform surgery on you, having a…
