Nursing home care can pose significant risks to personal assets, as illustrated by a couple concerned about whether a facility could claim their $500,000 IRA and assets held in a trust. For instance, ...
As you or your parents get older, it's natural to start thinking about the future and the financial impact of long-term care. Many people worry that nursing home costs and medical expenses could ...
Medicaid can pay for long-term care if you meet its means-testing restrictions. The federal-state program is designed to help only people of limited financial means. However, people with more ...
Revocable trusts, otherwise known as “living trusts,” do not protect your assets from creditors. In fact, they are subject to collections actions and lawsuits, and they are included when third parties ...
Parents in second marriages may want to leave assets to their own children while ensuring that stepchildren do not inherit. When stepchildren inherit, it can create resentment leading to legal ...
As a financial advisor, you will have clients who are doctors, lawyers, accountants, or real estate agents. There are the top four professions that attract lawsuits when they make costly mistakes. If ...
ROCHESTER, NY — Divorce can create substantial emotional turmoil but may also pose significant financial risks, especially when it comes to the division of assets. If you are contemplating divorce or ...
Three financial experts explain prenups, postnups, stealth prenups, and why you should talk to an attorney before using ...
Edo State Governor, Senator Monday Okpebholo, has signed into law two major bills, the Edo State Public Property Protection ...
Please provide your email address to receive an email when new articles are posted on . About 20 states provide for tenancy by the entirety. Physicians in the remaining states cannot consider this ...
For high-net-worth individuals looking to protect hard-earned assets, international asset protection strategies offer many appealing options. From offshore trusts and bank accounts to limited ...