At some point during your “Golden Years” you may find that you need to qualify for Medicaid to help cover your healthcare expenses. As you may already know, both your income you’re your “countable resources” will impact your eligibility for Medicaid. You may also be concerned about how your need to qualify for Medicaid may affect your spouse’s income and assets. The Vero Beach Medicaid lawyers at … [Read more...] about Is My Spouse Financially Protected If I Need to Qualify for Medicaid?
The Power in Powers of Appointment
Estate Planning attorneys balance competing interests when creating estate plans. Uncertainty about the future concerning taxes and each beneficiary’s situation requires flexibility in an Estate Plan. Powers of appointment offer Estate Planning attorneys a way to add flexibility to a plan without complication. When creating powers of appointment, it’s important to consider not only the reason for … [Read more...] about The Power in Powers of Appointment
Common Estate Plan Documents
Given the unique nature of estate planning, no two estate plans will be exactly the same. Nevertheless, there are some common tools and strategies found in the average estate plan. There are also some documents that should be in almost every estate plan. A Vero Beach estate planning attorney at Kulas & Crawford explains the documents that should be in every estate plan. Last Will and … [Read more...] about Common Estate Plan Documents
Estate Planning – Something You Shouldn’t Do Yourself
It’s tempting to think that by taking the time to hand-write your Will or preparing a do-it-yourself plan, you can avoid many of the issues that arise with a Will. In fact, the opposite may be true. By handwriting your Will or preparing a do-it-yourself plan, you may be creating more issues for your family. Read on to learn more. … [Read more...] about Estate Planning – Something You Shouldn’t Do Yourself
Can I Still Benefit from Medicaid Planning If I Need Medicaid Now?
If your estate plan doesn’t include Medicaid planning and you suddenly find yourself needing to qualify for Medicaid, you might find yourself in a difficult position. Without planning for the possibility, your retirement nest egg might be at risk if you apply for Medicaid. The good news is that it may not be too late for Medicaid planning to help. The Port St. Lucie Medicaid planning attorneys at … [Read more...] about Can I Still Benefit from Medicaid Planning If I Need Medicaid Now?
Common Threats to Your Assets
Your estate plan should be geared toward accomplishing a number of inter-related goals. One of the most important of those goals is protecting your assets. While you may be aware of some threats to your assets, your assets may also be at risk in ways of which you are unaware. To help keep your assets safe, a Vero Beach asset protection attorney at Kulas & Crawford discusses common threats to … [Read more...] about Common Threats to Your Assets
Be Careful How You Co-Own Property
Creating a successful estate plan requires you to do more than simply decide how your estate assets are to be distributed after you are gone. It also requires you to protect those assets while you are alive. Fortunately, there is a wide range of estate planning tools and strategies that can help with asset protection. The Port St. Lucie asset protection attorneys at Kulas & Crawford explain … [Read more...] about Be Careful How You Co-Own Property
How Do I Modify My Living Trust?
Over the course of your lifetime, you will probably make numerous changes to your initial estate plan. If you included a living trust in your estate plan, for example, you may want to modify that trust at some point. Although you should always consult with your estate planning attorney when making changes to a trust, a Port St. Lucie trust attorney at Kulas Law Group explains the general process … [Read more...] about How Do I Modify My Living Trust?
Do All Estates Have to Go through Probate?
Although your estate plan may start out focusing entirely on the distribution of your estate assets, you will likely find that that your estate planning goals expand as your plan grows. One aspect of estate planning that may become important to you is avoiding probate. A Vero Beach probate lawyer at Kulas & Crawford explains how it’s possible to decrease your estate’s exposure to probate … [Read more...] about Do All Estates Have to Go through Probate?
Start 2022 the Right Way
The New Year gives us an opportunity to start fresh. If you don’t yet have an estate plan, now’s a great time to make an appointment with an Estate Planning attorney to talk about your goals and concerns. If you already have one, the New Year gives you an opportunity to review it to ensure that it still accomplishes your goals or to make any necessary changes. Read on to learn more … [Read more...] about Start 2022 the Right Way