A revocable living trust is a flexible estate planning tool that offers several benefits, but it does not provide protection against Medicaid claims. To understand why, let’s delve into how revocable living trusts and Medicaid work, and explore alternative strategies for asset protection.1. Introduc...
Understanding Irrevocable Trusts and Medicaid Protection in FloridaWhen facing the complexities of long-term care and Medicaid eligibility, the question often arises: can an irrevocable trust protect assets from Medicaid in Florida? The straightforward answer is: yes, an irrevocable trust can offer ...
Imagine this: You've just been informed of a loved one’s passing, and amidst the grief, you're faced with a digital labyrinth—an array of online accounts, cryptocurrency, social media profiles, and digital subscriptions. How do you manage these? Who has access? Who should have access? These are the ...
