Important Steps to Take If You Are In a Car Accident

Regardless of fault, even if you feel you were not hurt, you should not automatically refuse medical treatment at the scene. Research indicates that even minor accidents can leave a person injured. Days later, real pain can set in and … Continued

Great Wealth and the Next Generation

If you are thinking of transferring assets to your children, grandchildren and distant descendants, you may want to consider using a grantor retained annuity trust (GRAT) or an intentionally defective grantor trust (IDGT). Both estate planning tools can be used to freeze the value … Continued

Nursing Homes: Not the Only Option

There was a time when nursing homes seemed like the foregone conclusion for many elder family members. But as baby boomers are aging, they remember seeing their own parents in those facilities and are making different decisions for aging with … Continued

The Elderly, Driving and the Law

Elderly drivers can be affected by poor eyesight, chronic disease and medication that might impair driving. States won’t revoke a driver’s license based simply on a driver’s age. However, some states put restrictions on license renewals for elderly drivers. Many … Continued

The Advantages of an ABLE Account and Saver’s Credit

Achieving a Better Life Experience Act, ABLE, accounts help people with disabilities and their families save and pay for disability-related expenses. They allow states to create tax-advantaged savings programs for eligible people with disabilities, and distributions are tax free if … Continued

The Whys and Hows of Medicaid Trusts

A Medicaid asset protection trust (Irrevocable Trust) allows a person to qualify for long-term care benefits from Medicaid while protecting assets.

Real Estate: Options for the Long Term

Everyone knows the quote from “Gone with the Wind” in which Scarlett points out that land is the only thing that matters. Many investors still feel that way and make real estate an important and long-term part of their portfolio. … Continued