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Search Results: "Inheritance Protection"
Results 30-40 of about 47
First, we want to make certain the person's wishes regarding who is to inherit from them are up-to-date. ... Perhaps the greatest disadvantage of having the legal guardian appointed is that desirable asset protection strategies will be subject to judicial ...
If you choose one of the deceased spouse’s children to act as co-trustee with the surviving spouse there is a conflict that exists whereby the stepchild may be reluctant to spend assets for the surviving spouse, because whatever is spent ...
Inheritance Trust: A stand-alone, revocable trust which is created to hold a beneficiary's share of their inheritance, offering them protection from creditors, lawsuits and divorces.
The couple is concerned about protecting Sean's welfare when they can no longer care for him and when they die. ... Also, when Joe receives an inheritance from his parents – will he consistently be able to manage the assets ...
At the same time, we also seek to protect those assets from being depleted by taxes, legal fees and long-term care costs to the extent the law allows. ... We also help to protect assets from being depleted due to ...
It is also the time to consider asset protection strategies should long-term care be needed one day, either at home or in a facility. ... You should add them as an heir to your estate and decide at what age ...
This allows the use of a relatively small portion of the reverse mortgage loan to fund life and long-term care insurance to both (a) protect the client’s assets from the cost of long-term care, and (b) to replace the money ...
Since 1993 it has been public policy in New York State to allow parents (or other relatives) of a disabled child to set up a trust for their inheritance which will not disqualify them from government benefits, such as Social ...
On the other hand, the first to die spouse may be concerned about a remarriage, or a cognitive impairment, upsetting the apple cart and decide they would like a co-trustee involved to protect their children's ultimate distributive share. ... If ...
They may now or later need a Medicaid Asset Protection Trust (MAPT) to protect their estates from being depleted in the event a nursing home is required. ... Perhaps what they really need is the MAPT, to protect the assets ...
