Month: August 2023

3 things to know about irrevocable trusts

On Behalf of Macri & Associates, LLC | Aug 23, 2023 | Estate Planning

Trusts are often a fundamental part of estate planning. There are many types of trusts, each with unique features and benefits. Among these, irrevocable trusts are considered one of the most powerful tools in protecting and preserving wealth. While they may seem...

How much can Medicaid take from someone’s estate?

On Behalf of Macri & Associates, LLC | Aug 4, 2023 | Medicaid Planning And Asset Protection

People don't like to think about needing Medicaid benefits as they get older. Many individuals associate Medicaid with poverty and with a loss of control over their assets. However, the truth is that Medicaid benefits are necessary for many older adults as their...