Ettinger on Elder Law Estate Planning

Ettinger on Elder Law Estate Planning PDF Author: Michael Ettinger
Publisher: CreateSpace
ISBN: 9781453832059
Category : Law
Languages : en
Pages : 134

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Book Description
"Elder Law Estate Planning" is a niche area of law which combines the features of elder law and estate planning that pertain most to the needs of the middle class. In 1991, AARP published a "Consumer Report on Probate" concluding that probate was a process to be avoided. That marked the end of traditional will planning and started the "living trust revolution." Since then, millions of people have set up trusts to: * Save time and money in settling the estate * Avoid legal guardianship if they become disabled * Avoid having their personal and financial matters made public * Reduce the chance of a "will contest" * Keep control in the family and out of the court system By 1990, the field of elder law also emerged to help people navigate the increased complexity of state Medicaid rules and regulations, the soaring costs of nursing home stays, and the fact that people were living considerably longer. Elder law and estate planning continue to grow independently of each other, sometimes to the detriment of clients. Estate planning lawyers are of little value when the estate plan to avoid probate fails to prevent a nursing home stay consuming all of the assets, because the lawyer is unfamiliar with elder law. On the other hand, elder law attorneys often protect assets but overlook basic estate planning issues such as saving taxes and keeping assets in the blood. The practice of Elder Law Estate Planning means: * Getting your assets to your heirs, in the best possible way, with least amount of taxes and legal fees * Keeping those assets in the blood for your grandchildren, and * Protecting your assets from the costs of long-term care and qualifying for government benefits available to pay for care. Middle class clients today need an "elder law estate planning attorney" to address their estate planning needs as well as to help with long-term care, disability and Medicaid issues as they arise.

Ettinger on Elder Law Estate Planning

Ettinger on Elder Law Estate Planning PDF Author: Michael Ettinger
Publisher: CreateSpace
ISBN: 9781453832059
Category : Law
Languages : en
Pages : 134

Get Book Here

Book Description
"Elder Law Estate Planning" is a niche area of law which combines the features of elder law and estate planning that pertain most to the needs of the middle class. In 1991, AARP published a "Consumer Report on Probate" concluding that probate was a process to be avoided. That marked the end of traditional will planning and started the "living trust revolution." Since then, millions of people have set up trusts to: * Save time and money in settling the estate * Avoid legal guardianship if they become disabled * Avoid having their personal and financial matters made public * Reduce the chance of a "will contest" * Keep control in the family and out of the court system By 1990, the field of elder law also emerged to help people navigate the increased complexity of state Medicaid rules and regulations, the soaring costs of nursing home stays, and the fact that people were living considerably longer. Elder law and estate planning continue to grow independently of each other, sometimes to the detriment of clients. Estate planning lawyers are of little value when the estate plan to avoid probate fails to prevent a nursing home stay consuming all of the assets, because the lawyer is unfamiliar with elder law. On the other hand, elder law attorneys often protect assets but overlook basic estate planning issues such as saving taxes and keeping assets in the blood. The practice of Elder Law Estate Planning means: * Getting your assets to your heirs, in the best possible way, with least amount of taxes and legal fees * Keeping those assets in the blood for your grandchildren, and * Protecting your assets from the costs of long-term care and qualifying for government benefits available to pay for care. Middle class clients today need an "elder law estate planning attorney" to address their estate planning needs as well as to help with long-term care, disability and Medicaid issues as they arise.

Secure Your Legacy

Secure Your Legacy PDF Author: Richard J. Shapiro J.D.
Publisher: Archway Publishing
ISBN: 1480844950
Category : Law
Languages : en
Pages : 203

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Book Description
Imagine building a new home without a set of blueprintssounds absurd, doesnt it? Its no different than creating an estate plan without establishing planning goals, but far too often people engage in estate planning without thinking about what they want to accomplish. In Secure Your Legacy, attorney Richard J. Shapiro tackles the daunting aspects of estate planning and elder law. He answers questions such as: How do you determine if you need a will or a trust (or both)? Whats the difference between a revocable and irrevocable trust? How do you protect assets if you need long-term care? How do you reduce your exposure to estate taxes? He also shares tips on planning for a child with special needs, transferring a business, and ensuring a beloved pet is taken care of if you die or become incapacitated. He also explains why you should never create an estate plan online. Filled with real-world examples, this guide gives you the critical information you need to work with an attorney to create an estate plan that protects you and your loved ones.

Tax, Estate & Financial Planning for the Elderly

Tax, Estate & Financial Planning for the Elderly PDF Author: Michael Gilfix
Publisher:
ISBN: 9781579111427
Category : Estate planning
Languages : en
Pages :

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Book Description


Estate Planning For Dummies

Estate Planning For Dummies PDF Author: N. Brian Caverly
Publisher: John Wiley & Sons
ISBN: 1118053958
Category : Business & Economics
Languages : en
Pages : 397

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Book Description
Planning for your family's future made easy! If you’re like most people, you want to be sure that, once you’ve passed on, no more of your property and money will be lost to the government than is absolutely necessary. You want to know that you’ll be leaving your heirs your assets and not your debts. You want to be absolutely certain that your will is ship-shape, your insurance policies are structured properly, and that every conceivable hole in your estate plan has been filled. And most of all, you’d like to do all of this without driving yourself crazy trying to make sense of the complicated jargon, jumble of paperwork, and welter of state and federal laws involved in the estate planning process. Written by two estate planning pros, this simple, easy-to-use guide takes the pain out of planning for your ultimate financial future. In plain English, the authors walk you step-by-step through everything you need to know to: Put your estate into order Minimize estate taxes Write a proper will Deal with probate Set up trusts Make sure your insurance policies are structured properly Plan for special situations, like becoming incompetent and pet care Craft a solid estate plan and keep it up-to-date Don’t leave the final disposition of your estate up to chance and the whims of bureaucrats. Estate Planning For Dummies gives you the complete lowdown on: Figuring out what you're really worth Mastering the basics of wills and probate Using will substitutes and dodging probate taxes Setting up protective trusts, charitable trusts, living trusts and more Making sense of state and federal inheritance taxes Avoiding the generation skipping transfer tax Minimizing all your estate-related taxes Estate planning for family businesses Creating a comprehensive estate plan Straightforward, reader-friendly, easy-to-use, Estate Planning For Dummies is the ultimate guide to planning your family’s future.

Florida Elder Law

Florida Elder Law PDF Author: Jerome Ira Solkoff
Publisher:
ISBN: 9780762000708
Category : Aged
Languages : en
Pages :

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Book Description


Secure Your Legacy

Secure Your Legacy PDF Author: Richard J Shapiro
Publisher:
ISBN:
Category :
Languages : en
Pages : 228

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Book Description
Just like the construction of a building requires a well-designed blueprint, creating a successful estate plan requires a thorough exploration of your planning goals and needs. In this updated second edition of Secure Your Legacy, Certified Elder Law Attorney Richard J. Shapiro uses real world examples from his three decades of practicing law to provide the reader with a thorough understanding of key estate planning and elder law concepts including: How to know if you need a will or trust (or both) The difference between revocable and irrevocable trusts Ways to protect your assets from being wiped out due to the high costs of long-term care Planning techniques to reduce estate, gift, and capital gains taxes How to protect your children's inheritances from their creditors and divorcing spouses How to protect your assets from the reach of "creditors and predators" Why you should never create an estate plan online Shapiro also shares tips on planning for a child with special needs, planning for the transfer of a family business, and providing for the needs of a beloved pet upon your death.

The Law of Aging

The Law of Aging PDF Author: Andrey Milvidskiy Esq
Publisher:
ISBN:
Category :
Languages : en
Pages : 204

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Book Description
Why do some people age so "gracefully"? They're the people whose lives seem to fall into place easily as they age. Their physical needs are met, they have plenty of resources with which to enjoy their "golden years"...and when they pass, their children and heirs manage what's "left behind" with seemingly instinctive skill and grace. But we also know far too many people in the opposite place: facing physical needs that overwhelm them, financial obligations that necessitate selling off personal possessions or even their very homes, and stress from children and heirs arguing about "who's going to get what" even before they're gone. How to have the first in your life, and not the second? It all comes down to a plan. The Law of Aging is chock-full of information designed to help you take the important first (and subsequent) steps toward making that plan...and implementing it to suit your needs, your family situations, and your future. With this as your road map and guidebook, you'll be well on your way to that "graceful" aging-and priceless peace of mind-we all want.

Florida Elder Law, Medicaid Planning and Estate Planning

Florida Elder Law, Medicaid Planning and Estate Planning PDF Author: John R. Frazier
Publisher:
ISBN: 9780990794004
Category : Estate planning
Languages : en
Pages : 98

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Book Description
The Right Advice and a Trustworthy Guide Too often, seniors and their families struggle with planning for elder care. Many are simply overwhelmed by the amount of information available, both online and in print. This book serves as a starting point to help you understand what is involved to legally protect assets, life savings, your spouse and your future as you age¿and to pass your legacy on to your loved ones. Included in Florida Elder Law, Medicaid Planning and Estate Planning: Introduction to Elder Law, Medicaid Planning and Estate Planning The Importance of Long-Term Care Planning and Estate Planning Florida Elder Law Florida Medicaid Planning Florida Estate Planning Veterans Benefits Selection of an Assisted Living Facility (ALF) or Nursing Home The Unlicensed Practice of Law in Florida

The ABC's of Elder Law & Estate Planning

The ABC's of Elder Law & Estate Planning PDF Author: David Wingate
Publisher: Lulu.com
ISBN: 1483447839
Category : Law
Languages : en
Pages : 97

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Book Description
As we age we face unique financial and legal issues, including Asset Protection, Medicare, Medicaid, and Estate Planning. The time to act is NOW! With proper planning, you will insure that your life, assets and estate will be managed according to your wishes, and thus, help protect you and your family. Imagine the peace of mind you will have when you stop reacting to your situation, when you have a plan in place.

Elder Law Practice in Tennessee

Elder Law Practice in Tennessee PDF Author: Timothy L. Takacs
Publisher: LexisNexis
ISBN: 0327168218
Category : Law
Languages : en
Pages : 1395

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Book Description
Elder Law Practice in Tennessee covers all aspects of elder law as it currently exists in Tennessee. This one volume treatise addresses senior citizens and the law relevant to the legal practitioner and others providing allied services. Using this book as a guide, you can feel confident when: • planning for medical, financial, and quality of life decisions, • setting up a conservatorship, • making ethical considerations in elder law practice, • choosing housing options for an elderly client, and • planning for long-term care. The appendices include an Elder Law Planning Questionnaire for client use, a table of current public benefits figures, life estate and life expectancy tables, as well as a resource directory.