Asset Protection & Medicaid Planning Experts!

Virginia 529 Prepaid Education Plan Limited Time Open Enrollment: Plan Ahead for Your Child or Grandchild

We all dream of the day when our child or grandchild is accepted to college. From the time he or she is diapers, we begin planning for great things. We drive them to soccer, gymnastics, and music lessons in hopes that they are … [Read more...]

Gifting and the 2015 Gift and Estate Tax Exclusion Numbers

grandmagiftgiving

Q. I recently got married and my husband and I found the perfect starter home in Fairfax County. The owners accepted our offer and my mother generously offered to give us $20,000 to help with the down payment. She also has a … [Read more...]

Caution: Our Top 10 SCARIEST Articles

With Halloween upon us, it is time to present you, our dear readers, with this year's scariest & creepiest stories. From the nightmare of probate to court cases involving filial responsibility, we uncovered some scary … [Read more...]

New PBS Documentary — “The Genius of Marian” — Explores How Alzheimer’s Runs in Families

Pam White and her son, Banker, by Marian Williams Steele. Many people fear that Alzheimer's disease in the family may be passed on to children and grandchildren. According to the Alzheimer’s Association, research has shown that … [Read more...]

“Hide” is a Four-Letter Word

Q. I read in USA Today about an 83-year-old man who hid $1.1 million in offshore accounts to avoid paying taxes. I have also read about others who attempt to hide their assets to qualify for Medicaid, as a way to pay for long-term … [Read more...]

New Reverse Mortgage Rules are in Effect this Week

senior couple

Q. My husband, Rick, and I are considering moving after a stroke limited his mobility, because our home is not completely accessible for him. However, our house is in good repair, completely paid off, and in close proximity to our … [Read more...]

Common Misconceptions about Revocable Trusts

Recently, CNBC posted an article on their Website about the benefits of trusts, entitled “Heir Tight: The Do’s and Don'ts of Creating Rock-Solid Trusts.” The article provides some very good information about why most people should … [Read more...]

Is Alzheimer’s in Your Future?

An estimated 44 million people live with Alzheimer's disease worldwide, and the global economic costs total $604 billion, according to Alzheimer’s Disease International. It is estimated that by 2050, the number of people living … [Read more...]

Planning for Long-Term Care (Part 5)

The Veteran's Aid and Attendance Pension Benefit The best advice that I can give you when planning for long-term care is not to delay. We never know what the future holds. While we are able, we must prepare for a variety of … [Read more...]

Planning for Long-Term Care (Part 4)

The most important thing that you can do in planning for future contingencies is to act now. The future may hold limited resources or health problems for you and either one of these may prevent you from taking care of the things … [Read more...]