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Search Results: "Inheritance Protection"
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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. More significantly, ...
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 supervision and protection for special needs and other children who have issues ...
We make sure that your estate is under the limit at the time of your death by previously gifting excess funds to Inheritance Protection Trusts (IPT's) for your children. ... Regular readers of our column will recall that these IPT's ...
What is Medicaid Asset Protection Trust? What is an Inheritance Trust?
A Revocable Living Trust (RLT) or an Irrevocable Medicaid Asset Protection Trust (MAPT) Generally the client will have one of these trusts or the other, not both. The MAPT is used where protection of assets is required in the absence ...
A plan should be in place to protect assets from long-term costs. ... Unless planning is done with Inheritance Protection Trusts for the client's children, a situation may occur one day where the client's child predeceases their second spouse, all ...
These trusts are ideal for those who are in second or later marriages and are confronted with balancing the needs of their surviving spouse when they die while still providing an inheritance for their children from a prior marriage. ... ...
While inheriting from a will or trust at death eliminates taxable capital gains for the survivor, joint tenancy only eliminates one-half of those capital gains since you are only “inheriting” one-half of the property. ... Many of the same considerations ...
Protects your assets from being eaten up by long-term care costs. ... Does your estate plan have some form of long-term care protection? ... Now if they die (remember this is after you’re gone) who inherits from them? ... By ...
The reasoning behind these Special Needs Trusts is simple — prior to the protection now afforded by these trusts, parents would simply disinherit their disabled children rather than see them lose their benefits. Since the state wasn’t getting the inheritance ...
