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Any Ideas How to Pay for Long-Term Care?

  • Estate Planning
The costs of long-term care for older adults can be significant. Federal Medicare health insurance benefits do not cover most of these costs. Most people who incur costs for long-term care cover them with a combination of personal savings, long-term care insurance and Medicaid, among other sources.
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Has Pandemic Caused More Elder Abuse?

  • Estate Planning
The pandemic’s impact on older adults went far beyond Covid-19 infections. It also made them more vulnerable to abuse.
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Savings

TOD and POD Accounts: What’s the Difference?

  • Estate Planning, Probate, Trust Administration
A TOD account allows the account holder to name a beneficiary on a non-retirement financial account to receive assets at the time of the account holder’s death, thereby (generally – i.e., when used correctly) avoiding probate.
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What Did Former VA Secretary Say Is Wrong with the Veteran’s Benefits System?

  • Estate Planning
Former Veterans Affairs Secretary Robert Wilkie on Tuesday criticized the current veterans benefits system in America as being too focused on providing financial rewards to ailing individuals, instead of helping them move past those challenges to post-military success.
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Prince Philip’s Will: Are Royals Different than Regular People?

  • Estate Planning
Should the Royal family be an exception to the normal laws governing probate?
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Files

What is the Purpose of an ILIT?

  • Estate Planning
Life insurance is a sophisticated financial product, with as many variations and permutations as there are creative insurance companies (there are many) and creative insurance planners (there are even more).
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Should I Use a Corporate Trustee?

  • Estate Planning
Revocable Living Trusts have become a widely used estate planning document, providing a path to managing assets, avoiding probate and gaining privacy at the settlement of an estate.
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Why Should I Name a Beneficiary?

  • Estate Planning
Lewis established an irrevocable trust, in which he named ‘his son’s spouse’ as a beneficiary. At the time Clark, the son, was married to Vivian.
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Can Fluffy Come to the Nursing Home with Me?

  • Estate Planning
The presence of a pet can be reassuring, can provide comfort and can even deliver some important health benefits.
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Is Prince’s Estate Settled Yet?

  • Estate Planning
The administrators of the late musician's estate recently settled a complicated dispute with the Internal Revenue Service over the value of Prince's assets. The precise value was undisclosed, however, although it could exceed $100 million.
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