As you begin exploring your estate planning options on how to protect your assets, you’ll likely consider either revocable or irrevocable trusts. Trusts are an excellent tool for those who want to pass their estates and assets to beneficiaries without having to go through the costly, stressful, time-consuming probate process. Comparing the benefits and downsides …
The costs for medical care can be quite high, especially towards the end of one’s lifetime. It’s troubling to think that a good portion of what you have saved up for your children will have to go towards keeping you alive and comfortable in your last few years – and depending on how much you …
Medicaid is a government-sponsored federal and state program to help people with meager resources and incomes receive the medical help they need. And for many retirees, it’s one way to help mitigate the high costs of a quality nursing home. But Medicaid eligibility is limited, based on income and countable assets owned. Past a certain …