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Planning for potential nursing home costs plays an important role in estate planning. Nursing home care costs can quickly deplete your savings if you don’t prepare properly. However, you can use several strategies to protect your assets while covering your care needs....
Families with a loved one who has disabilities often face unique challenges when planning for the future. A special needs trust provides a way to protect assets while ensuring that essential benefits remain available. This type of trust can offer financial security...
The probate process differs based on whether the deceased left a valid will or died intestate (without a will). These differences dictate how the estate divides, who manages the process, and how decisions proceed. These distinctions help families prepare for what to...
When someone grants power of attorney, they allow another person to make important decisions on their behalf. The type of power of attorney chosen—durable or nondurable—affects how and when those decisions can be made. Understanding these differences can help ensure...