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How Can I Protect My House From Medicaid Estate Recovery?

When a Medicaid recipient passes away, their house becomes at risk of being possessed by the state. The reason being that the state will attempt to recover whatever Medicaid benefits the recipient received, which in most cases is solely their house. In order to avoid Medicaid estate recovery from possessing your house, you will need […]

February 3, 2020

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What Happens If I Pass Away Without A Will?

If you pass away without a will, your state of residency determines how your estate and assets are distributed. In the legal world, this is referred to as intestacy. Every state has different intestate succession laws to distribute a deceased person’s assets, which include real estate, bank accounts, securities, and any other assets he or […]

January 8, 2020

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What is a Trust? Do I Need One?

A trust is a fiduciary agreement that outlines how your assets will be distributed after you pass. In a trust, you specify who will have the authority to handle and distribute your assets to your beneficiaries. Although trusts sound similar to wills, trusts offer specific financial benefits and are solely for handling your assets. If […]

December 23, 2019

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Do I Need A Will? And When Should I Get One?

Most adults should have a will or at least consult with an estate planning attorney to see if one would be beneficial. Simply put, a will is a legally binding document that outlines how you would like your property and assets distributed after you pass away. If you maintain an up-to-date will, you can ensure […]

December 9, 2019

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