In Part 1 of this series I outlined the necessity to create a good Long Term Care Plan and in Part 2 I discussed the three most essential documents found in that plan. The first essential document is a General Power of Attorney … [Read more...]
Print This PageMedicaid Asset Protection
August 22, 2008 by
What is Medicaid Asset Protection? Medicaid Asset Protection is the process of protecting assets from having to be completely spent to pay for the devastating expenses of long-term care, while helping to ensure that you (or your … [Read more...]
Print This PageLife Estate Law Changing Soon
June 16, 2008 by
See update on this article here. In Virginia, a life estate in real estate has always been treated as an exempt asset for the purposes of Medicaid eligibility. Unfortunately, the Virginia General Assembly recently passed … [Read more...]
Print This PageThe Living Trust PlusTM Asset Protection Trust
September 1, 2007 by
A typical revocable living trust protects your assets from the expenses of probate, but does not otherwise protect your assets. Evan Farr's Living Trust PlusTM Asset Protection Trust is a living trust that not only protects your … [Read more...]
Print This PageCharitable Donations From an IRA Offer New Opportunity
November 13, 2006 by
For those wishing to make charitable donations from their IRA accounts, dealing with the resulting tax issues just got a lot easier. In August, Congress passed, and President Bush signed, the Pension Protection Act of 2006. Touted … [Read more...]
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