Estate Planning Can Reduce Your Taxes
Estate planning is an important financial decision that can help you reduce your taxes and protect your family’s assets. Through careful estate planning, you can take advantage of tax benefits such as reducing your estate taxes, eliminating death taxes, avoiding taxes on assets after death, and possibly deducting estate planning fees. What are the Tax […]
Business Succession Planning 101: Why You Need a Plan and How to Get Started
Business succession planning is an essential part of any successful business. By creating a plan to ensure that the business will continue even if key personnel leave or retire, business owners can protect their investments and preserve their legacy. In this blog post, we’ll discuss why business succession planning is important, and provide tips and […]
Don’t Wait Until It’s Too Late: Know Your Medicare and Medicaid Coverage for Nursing Home Fees
When it comes to long-term care, it is important to understand the differences between Medicare and Medicaid coverage for nursing home fees. Medicare is a government health insurance program for those who are 65 or older, as well as younger people with certain disabilities, while Medicaid is a health and human services program that provides […]
5 Things to Consider When Hiring an Elder Law Attorney or Medicaid Lawyer
Hiring an elder law attorney or Medicaid lawyer to assist you with elder care or Medicaid planning for the nursing home can be difficult. First, you have to ensure that the lawyer is qualified and experienced and that they have a strong understanding of your particular situation. When hiring an attorney, it is essential to […]
The Case for Patient Advocates: Why You Should Consider Designating a Medical Durable Power of Attorney
Patient advocacy, or having someone speak on your behalf in healthcare situations, can be vital when it comes to ensuring you’re receiving quality care that meets your needs. One of the essential documents in an estate plan is a patient advocate designation which protects you and your family if you become incapacitated and are unable […]
The Pros and Cons of Designating Co-executors of a Will
Most of us will designate one primary person to carry out our will and ensure our assets are distributed as we wish after we die, but sometimes your situation may be best suited to having a co-executor. If you’re thinking of naming co-executors of your will, you should be aware of both the advantages and […]