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Search Results: "Inheritance Protection"
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Since 1993 it has been public policy in New York State to allow parents (or other relatives) of a disabled child to set up a trust for their inheritance which will not disqualify them from government benefits, such as Social ...
On the other hand, the first to die spouse may be concerned about a remarriage, or a cognitive impairment, upsetting the apple cart and decide they would like a co-trustee involved to protect their children's ultimate distributive share. ... If ...
They may now or later need a Medicaid Asset Protection Trust (MAPT) to protect their estates from being depleted in the event a nursing home is required. ... Perhaps what they really need is the MAPT, to protect the assets ...
Online Forms Ask the Lawyer Glossary of Estate Planning and Elder Law Terms 2021 Newspaper Columns 2022 Newspaper Columns Publications The Ettinger Law Firm Way Elder Law Estate Planning in a Nutshell Asset Protection with a Medicaid Trust Choosing a ...
The reasoning behind these special needs trusts is simple — prior to the protection now afforded by these trusts, parents would simply disinherit their special needs children rather than see them lose their benefits. Since the state wasn't getting the ...
Other advantages of living trusts are they are significantly less expensive to settle upon death than wills, they can keep your assets in the bloodline with Inheritance Protection Trusts , and they afford privacy of the deceased person's affairs since ...
Our attorneys and paralegals work to provide asset protection and tax savings for baby boomers and senior citizens. ... Our trademarked process includes: Lifetime tracking of client's estate plan so that they are notified if any changes in the law ...
With the innovative use of different kinds of trusts, taxes may be avoided, assets protected and probate court avoided. ... Our attorneys and paralegals are dedicated to keeping our clients' property out of this court so that their beneficiaries receive ...
For example, you may want to provide that the proceeds be made payable to their Inheritance Protection Trusts.
The judge may feel that the guardian has a conflict of interest in that whatever they spend of the AIP will come out of their inheritance. ... Technically, the guardian may make an application for the judge’s permission to protect ...
