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The Five Steps to an Elder Law Estate Plan The Two Biggest Mistakes in Elder Law Estate Planning Components of an Elder Law Estate Plan Inheritance Protection Trusts to Keep Assets in the Family Medicaid Asset Protection Trusts (MAPT's) Seven ...
The agreement then sets out the division of property in the event of divorce as well as the inheritance rights between the parties.
The Uniform Transfer to Minors Act (UTMA) was created to protect assets that are passed on to minors. This act determines when minors can receive an inheritance for assets passed to the control of a custodian. The primary advantage of ...
Secondly, please also have a look at our article explaining Ettinger Law Firm’s trademarked “Inheritance Protection Trust”, in use for over twenty-four years now.
Trusts can ensure the inheritances you leave will stay in the bloodline for your grandchildren and not end up with in-laws and their families. Trusts can provide who takes over if you become disabled – guaranteeing you get the person ...
Occasionally, parents want to bypass the children, either wholly or partially, and leave an inheritance directly to the grandchildren. Inheritances to minors come in different varieties, such as bequests in wills and as beneficiaries or contingent beneficiaries on IRA's, investment ...
What is Medicaid Asset Protection Trust? What is an Inheritance Trust? NY and Federal Estate Taxes Disclaimer Trusts for Taxable Estates Special Needs Trust Advantages
An Ettinger Elder Law Estate Plan enhances the simple estate plan first by adding a multi-generational component, known as the Inheritance Trust, which protects the inheritance you leave, for your children's lifetimes, from their divorces, lawsuits and creditors.
Protects your assets from being eaten up by nursing home costs. No estate plan is complete without a plan to protect it from having to “spend down” your assets if you have to go into a nursing home.
In fact, mom scrimped and saved all of her life to have this nest egg and now she desperately wants to see her children get an inheritance.
