An irrevocable life insurance trust (ILIT) is created with a life insurance policy as its asset. As the name suggests, the trust grantor cannot, in
Understanding Guardianship for Your Adult Child
Adult guardianship is the legal action in which a guardian is appointed who will make personal decisions on behalf of your special needs child. The
Things You Should Know About Medicaid and Gift Giving
If there is a possibility that a loved one might need Medicaid assistance in the foreseeable future, that person should not be giving gifts. This can
Understanding the Pitfalls of Beneficiary Designations
You might think that leaving your property to your heirs would be simple enough. You make a will or a trust, you do a transfer-on-death deed for your
Updating Your Health Care Directives During COVID-19
The advent of the coronavirus pandemic forces each individual to assess their values and priorities, and overall health. The little COVID-19 clinical
Affordable Long-Term Care in the US is an Urgent Priority
The challenges ahead are many as AARP reports that the population age 85 plus, the most likely to need long-term care, will more than triple between