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Your Estate Matters Audio – “Three Important Health Care Directives” by Attorney Colleen Sinclair Prosser

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   "Three Important Health Care Directives" by Attorney Colleen Sinclair Prosser … [Read more...] about Your Estate Matters Audio – “Three Important Health Care Directives” by Attorney Colleen Sinclair Prosser

Listen to “Your Estate Matters!” tomorrow morning (Tuesday) at 8:50 a.m. on WNAV Radio

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  Make sure to tune in to WNAV Radio on 1430 AM or 99.9 FM on Tuesday mornings at 8:50 a.m.  for YOUR ESTATE MATTERS!  Attorneys Colleen Sinclair Prosser, Nicole Livingston and Paula M. Mattson-Sarli relate cutting edge estate planning information.  The topic tomorrow is "Three Important Healthcare Directives" by Attorney Colleen Sinclair Prosser. … [Read more...] about Listen to “Your Estate Matters!” tomorrow morning (Tuesday) at 8:50 a.m. on WNAV Radio

“Gifting and Medicaid” by Attorney Nicole LivingstonWhat is a look-back period?

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  What is a look-back period?   When you file an application for Long Term Care Medical Assistance, you are required to provide five years of financial statements documenting transactions in your accounts.  You may also provide five years of tax forms.  The purpose is to determine whether or not you gave away assets during this time frame in contemplation of filing an application for Medical … [Read more...] about “Gifting and Medicaid” by Attorney Nicole LivingstonWhat is a look-back period?

The Eight Questions You Must Ask if You or a Loved One is Going Into a Nursing Home

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The decision to place yourself or a family member into a nursing home is one of the most difficult decisions you may ever be asked to make. That’s why it’s important, if that time comes, to have a plan and to know what questions to ask. In a perfect world, you’d have plenty of time to visit the nursing homes, talk to the residents, meet the care staff, sample the food and so on. Unfortunately, we … [Read more...] about The Eight Questions You Must Ask if You or a Loved One is Going Into a Nursing Home

The Income Only Trust

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  How can you protect your assets if you need a nursing home?  This is a question that I am often asked.  There is a trust you can create called an Irrevocable Income Only Trust; however, there are several conditions that must be discussed.  The first of which is control of the assets.  With this type of trust, you must give up control of all assets which means that you cannot be the trustee of … [Read more...] about The Income Only Trust