Search results for "beneficiary+of+or+from"

I wanted to set up a trust for Medicaid planning purposes, so that I can prevent the rental income generated from my home from going to a nursing home to pay for my care. But I read that the income...

There are a number of different kinds of trusts, but they fall into two basic categories: testamentary and inter vivos. One goes into effect while you’re alive and the other only after death. Which do you need?...

As a beneficiary of my parents' assets, is the courthouse required to provide me with a copy of my parents' will?...

A durable power of attorney is an extremely important estate planning tool, but many people delay completing this vital estate planning step until it’s too late and they no longer are legally capable of doing it.

The government is spending billions to fund assisted living services through Medicaid, but government oversight and regulation of assisted living facilities is lacking, according to a new government report.

While simple estate plans may just use a will, more complex plans may benefit from also employing a trust.

A New Jersey appeals court blocks a son who is the guardian of his mother from selling his mother's house and transferring a portion of the proceeds to hasten her eligibility for Medicaid coverage of her nursing home care. The...

Acting as an agent under a power of attorney is a significant responsibility. Certainly, not everyone can, or wants to, take on this particular role. Thankfully, it is possible to resign or refuse the position.

Are you a taxpayer who has purchased long-term care insurance? Take note of your policy details and your premium amount, as you may be able to deduct the cost - or at least part of it - from your 2023 income.