Clients often want the simplest estate planning solution possible. While keeping it simple is an understandable goal, the simplest solutions are not often the best. This article shows a couple simple solutions for estate planning and why, in most circumstances, a living trust is at the center of a more robust estate plan and more likely to provide the desired protections. The post Estate Planning: Simple is not Always Better appeared first on Kulas Law Group.
If you are contemplating the need for long-term care for yourself, or for an elderly loved one, in the future you may be worried about how to pay for that care when the time comes. If so, you are certainly not alone. The high cost of long-term care (LTC) is a concern for the vast [ ] The post Vero Beach Medicaid Attorneys Explain the Spend Down Rules appeared first on Kulas Law Group.
What’s the right direction for you in planning for future medical expenses? The odds are even that you’ll need long-term care (LTC) after age 65, at least for a while. Here are possible paths for covering those potential costs. How Are You Planning for Long-Term Care (LTC) Expenses? The post How Are You Planning for Long-Term Care (LTC) Expenses? appeared first on Kulas Law Group.
Although you will likely execute a Last Will and Testament when you initially create an estate plan, you will likely incorporate additional estate planning tools and strategies into that plan as both your assets and your family grow. One of the most common additions to a comprehensive estate plan is a trust. The trust attorneys [ ] The post Trust Attorneys Talk about How a Trust Might Fit into Your Estate Plan appeared first on Kulas Law Group.
As a grandparent, there is likely not much you wouldn’t do to help a grandchild. Sadly, there are scam artists out there who use that fact to prey – with much success on the elderly in what has come to be known as the “Granny Scam.” In an effort to help prevent you from [ ] The post Vero Beach Elder Law Attorneys Explain the Granny Scam appeared first on Kulas Law Group.
Perhaps the largest part of most Americans’ wealth is in their qualified plan or IRA. Planning for these assets is one of the most important parts of the estate plan, for many reasons. This article will discuss the importance of beneficiary designations. The post Planning for Retirement Plans and IRAs: Beneficiary Designation appeared first on Kulas Law Group.
Clients often want the simplest estate planning solution possible. However, the simplest solution is doing nothing. Usually, doing nothing does not result in the desired outcome. The post Estate Planning: The Simplest Plan is Usually Not the Best appeared first on Kulas Law Group.