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Learn about the latest legal developments that could potentially impact your life, your family, and your business.
How Should You Terminate Your Trust?
You have decided to create a trust to protect your assets for your heirs. However, you also need to consider when and how you should terminate your trust, including what happens to any assets still in the trust when it ends. Resolving these issues can be difficult...
Four Issues to Consider in Structuring a Trust
Trusts are popular estate planning tools because of their many benefits, but they aren’t appropriate for every situation. Even if a trust is right for you, how you structure the trust can have a significant impact on how well it will help you achieve your...
What Is the Medicaid Lookback Period?
As you age, it is important to think about issues like long-term care. Most people end up needing at least some care in their lifetime, but it is costly and you can deplete your savings quickly. If you want to protect some of your assets, Medicaid planning may be...
Do You Need a Trust?
A common question when individuals come in for an estate plan is whether they need a trust. Typically, they read an article or heard from someone that trusts avoid probate, reduce taxes, protect assets, and do all these wonderful things, so they should have one...
Should You Have a Medicaid Asset Protection Trust?
Long-term care is expensive and a substantial burden on many families. As a result, it is good to start thinking about how you will pay for care well before you need it. Nursing homes can easily run $100,000+ per year and hiring home care aides can be even more...
Could Your Business Be Saving on Taxes?
Your business taxes should be one of the key areas you review on a regular basis to ensure you are taking advantage of any laws in your favor. Federal, state, and local laws change often enough that you may not realize that you are missing out on substantial...