Recent Blog Posts
The Best Way To Protect Your Life Insurance Policy Documentation
Your life insurance policy documentation is what allows your loved ones to claim the money contained within the policy. And, if your loved ones do not have access to this documentation, they may not be able to claim this money. Going over the best way to protect your life insurance policy documentation, and speaking… Read More »
The Major Downside Of A Revocable Trust
A revocable trust offers many benefits. But, it also offers one major downside that could affect your beneficiaries and the assets you wish to give them. Going over the major downside of a revocable trust, and speaking with an estate planning lawyer, will allow you to protect your assets. What Is A Revocable Trust? … Read More »
3 Ways You Can Protect Your Assets From Long-Term Care Expenses
The costs of long-term care can be, and often are, significant. If you do not take the time to protect your assets, they could be swept up in the expenses incurred by the long-term care you require. Going over three ways you can protect your assets from long-term care expenses, and speaking with a… Read More »
Summary Administration And The Probate Process
Summary administration is a tool that your beneficiaries can use to bypass the standard probate process. By going over what summary administration is, and speaking with a lawyer, you can develop an effective estate plan. What Is The Probate Process? The probate process is a court-supervised process that allows a deceased individual’s assets to… Read More »
The Problems That A Survivorship Deed Can Create
A survivorship deed is a deed that allows two people to own property together. If two business partners would like to own a property together, then they can use a survivorship deed to do that. By doing so, when one of the business partners passes away, the property will automatically go to the other… Read More »
Using An Assignment Document To Move Your Property Into A Living Trust
Out of all the estate planning tools you can use to avoid probate, a good trust is one of the best you can use. By going over a few key facts about living trusts, and speaking with a lawyer, you can develop the best possible trust. What Is A Living Trust? A living trust… Read More »
3 Estate Planning Tools You Can Use To Protect Your Young Children
Even though it may seem unnecessary, planning your children’s estate is almost always a good idea. And, the reason for this is as follows: by planning your children’s estate, you secure a healthy, and abundant, future for them. Going over the three estate planning tools you can use to protect your young children, and… Read More »
The Best Way To Find Your Deceased Loved One’s Life Insurance Policy
Many families are unaware that their loved one had a life insurance policy. And, for this very reason, the funds within this policy are never claimed, preventing one’s family members from using this money. Going over the best way to find your deceased loved one’s life insurance policy, and speaking with a lawyer at… Read More »
The Assets Medicaid Considers “Available”
To qualify for Medicaid, you must meet certain requirements. Many of these requirements center on the assets you currently own and, in turn, whether you have too much. Going over the assets Medicaid considers “available,” and speaking with a lawyer from Millhorn Elder Law Planning Group, will allow you to protect your estate from… Read More »
Do Retirement Accounts, IRAs, And Life Insurance Policies Go Through Probate?
Many of your assets can, and will, go through probate. But, what about retirement accounts, IRAs, and life insurance policies? Going over whether or not retirement accounts, IRAs, and life insurance policies go through probate, while speaking with a lawyer, will allow you to protect your estate. Do Retirement Accounts, IRAs, And Life Insurance… Read More »
