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What Happens if Well-Spouse Dies First?

What Happens if Well-Spouse Dies First?

What Happens if Well-Spouse Dies First? Many of our clients have the situation of one spouse needs nursing home care, and the other “well” spouse sell lives at home. When we are able to work with families on financial planning, we often can have the “sick” spouse’s...
Steps to Set up and Manage an Irrevocable Trust

Steps to Set up and Manage an Irrevocable Trust

Steps to Set up and Manage an Irrevocable Trust A trust is a legal agreement between two or more parties that grants one party, or trustee, specified assets while the beneficiary, or the person for whom the trust is established, retains ownership of said assets. If...
MISCONCEPTIONS ABOUT MEDICAID

MISCONCEPTIONS ABOUT MEDICAID

On a regular basis we meet with families facing long term care issues who make decisions based upon an incomplete understanding of the laws and rules concerning Medicaid. Sometimes the information is obtained from friends and relatives who have navigated the Medicaid...