Trust protectors ensure that trustees maintain integrity, make solid distribution and investment decisions, and adapt the trust to changes in the law and circumstance.
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Most Commonly Compensated Injuries Under the National Vaccine Injury Compensation Program
The National Vaccine Injury Compensation Program (NVICP) provides compensation for individuals who suffer an adverse reaction to a vaccine. Although vaccines are capable of causing a wide variety of injuries, some injuries occur more frequently than others. As a result, some injuries are more commonly filed and compensated under the NVICP than others. Commonly reported vaccine injuries reported to the NVICP include the following
Survivor's Trust vs. Joint Trust
A joint trust can be structured so that when one spouse passes away, the trust is split into two sub-trusts: a survivor’s trust and a decedent’s trust.
How to Create a Medicaid Asset Protection Trust
With MAPTs, families can ensure their hard-earned savings aren’t drastically diminished if they require long-term care or assistance, such as a nursing home placement. In this article, we will discuss all you need to know about MAPTs so that you and your family can make informed decisions about your finances in light of possible future health needs.
A Guide to Probate Administration in Ohio
The process of settling the estate of a loved one can be time consuming and emotionally draining. Finding your footing within the complex legal system can be a challenge, especially if you are unfamiliar with the process. In this blog post, we'll walk you through some key information to help guide you through the probate process with confidence.
How to Start a Medicaid Spend-Down in Ohio
Medicaid spend-down allows individuals to qualify for Medicaid by reducing their countable assets and income to a certain level. It is a daunting task, but with the right guidance and support from a qualified Medicaid attorney, the spend-down process can help accelerate Medicaid eligibility while protecting assets.
What the Last Surviving Spouse Rule Means for Estate Taxes
40% estate tax could apply to gifts over approximately $6.4 million come 2026. Many families with high net worth will need to reevaluate their estate plans and adjust strategies to preserve their property and investments. One strategy is to take advantage of the deceased spousal unused exclusion amount (DSUEA)
How to Pay for Long-Term Care
Long-term care insurance and Medicaid are two options that individuals can consider to cover their long-term care expenses. This article aims to provide you with a comprehensive understanding of what long-term care insurance and Medicaid are, and the differences between the two.
Should You Share Your Estate Planning Details With Loved Ones?
There are both advantages and disadvantages to revealing information in your estate plan. You can choose to communicate specific details or offer a broader explanation to everyone involved.
Can I Keep the House if My Spouse Goes on Medicaid
A big concern many of our clients have is, “If my spouse needs to go on Medicaid, can I still stay in our house?” For many couples, their house is their biggest asset and the thought of losing it can be devastating. But there is good news - there are ways to protect your home while also ensuring your loved one receives the care they need. In this blog post, we will explore Medicaid’s spousal impoverishment rules and how they can protect families from foreclosure.