Most people have assets; that is, money and both tangible and intangible resources. A person might own a home, car, business or professional practice; have a bank account, some jewelry, maybe a collection of baseball cards or... Continue Reading
Asset protection planning involves figuring out and applying a lawful series of techniques that protect a person’s assets from future creditor claims. These techniques are designed to deter potential creditors from going after... Continue Reading
A homestead exemption allows you to keep your home or a portion of the equity in your home. Almost all states offer some type of exemption of a person’s home from the claims of creditors. Unfortunately, in many states, it is a... Continue Reading
Whether Medicare will pay for a nursing home stay depends on the type of nursing home and the services needed by the patient. Medicare limits coverage for nursing home care and long-term in-house nursing to skilled nursing... Continue Reading
Preparing for your death or the death of your spouse can be a difficult issue, especially for young families with children. However, it is nonetheless important: the lives and livelihoods of your children will depend on the... Continue Reading