When you die, your family will have to settle all of your accounts and pay off your debts before they get to enjoy the assets you bequeath to them. The executor for your estate has a legal obligation to handle your debt before they distribute property to anyone else....
When you draft a trust as part of your estate plan, it allows you to retain more control over what happens to your assets. You get to decide how your money is spent, even after you pass away. What kinds of trusts are available? There are numerous different types of...
Individuals wishing to qualify for Medicaid must be low income and have limited assets. In most jurisdictions, you become ineligible for Medicaid if you own more than $2,000 in assets. Turning over what you have to loved ones to qualify for Medicaid may land you in...
