If you had a stroke or an accident that left you mentally or physically incapacitated you would need someone to manage your affairs. Sooner or later, your signature would be needed to manage a bank account, pay a bill or handle your property. Being that you are unable to do so a court would have […]

No! Many people think that putting their assets into a Revocable Living Trust will help them qualify for Medicaid because the assets would no longer be titled in their name. Because a Living Trust is revocable and under your complete control you have not “given anything away.” The assets are still available. Nursing home care […]

Many times people try to avoid probate by holding their assets in Joint Tenancy. Joint Tenancy is the method of putting your child’s name on property or accounts. Any good attorney or estate planner should warn you of the possible risks. Lawsuits If you hold an assets with a child and the child was ever […]

A living trust, also known as a Revocable Living Trust or a Family Trust is a legal document that holds title or ownership to your real property and assets. When you create a Revocable Living Trust you transfer ownership of your assets to the trust. Transferring assets is typically called “funding.” When you transfer title […]

Estate Planning Course Volumen 1 It is a common misconception that estate planning is important for only those with money or who are advanced in age. This myth is a cruel deception. In most states, if you own property over $30,000 your children or family could be subject to probate. By investing the time now […]