An Asset Preservation Trust is a special trust we use in Asset Preservation Planning to protect assets that could be lost to the financially devastating costs of long-term care. Basically, how it works is that ownership of the assets transferred into the trust is no longer considered yours, therefore the assets are protected from any […]
What if I put my life savings into an Asset Preservation Trust and then I need some back later?
Having an Asset Preservation Plan in place will help protect your life savings from the potentially devastating costs of long-term care. As you may know from some of our other videos, the key to the planning is transferring the ownership of assets into a trust that is set up so that legally those assets aren’t considered to […]
Essential Legal Documents Anyone With Alzheimer’s Needs to Have in Place
No one plans on Alzheimer’s, however a person diagnosed with Alzheimer’s should put some planning in place, while they still can, and in the form of legal documents. There are a number of legal decisions someone diagnosed with Alzheimer’s can and should execute, and as discussed in Can Someone Diagnosed With Alzheimer’s Still Execute Legal […]
IRAs and Asset Preservation Planning
When it comes to IRAs, it seems the strategy people most opt-in for is to withdraw the minimum required amount in order to defer paying taxes for as long as possible. Unfortunately, while this strategy seemingly saves tax dollars now, it may ultimately cost more in tax dollars later when they decide to do asset […]
Alzheimer’s and the Medicaid Look-Back Rule: Is it too late for planning?
A really common and really unfortunate mistake that causes a lot of Alzheimer’s families to talk themselves out of engaging in planning that could very effectively protect a great deal of life savings has to do with Alzheimer’s and the Medicaid look-back rule. They see their family member, diagnosed with Alzheimer’s, and often believe they […]
- « Previous Page
- 1
- …
- 6
- 7
- 8
- 9
- 10
- 11
- Next Page »