by | | Asset Protection, Estate Planning
Medicaid trusts are a vital tool for safeguarding assets, particularly your home, from potential nursing home costs. Understanding the uses and benefits of Medicaid trusts is crucial for protecting your house from being claimed by nursing homes. These...
by | | Business Law, Asset Protection, Estate Planning
Under the updated Corporate Transparency Act (CTA), effective from January 1, 2024, specific reporting requirements apply to most organizations operating in the United States, including LLCs. These requirements, overseen by the Financial Crimes Enforcement...
by | | Estate Planning, Asset Protection
A trust is a fiduciary relationship where a third party, known as a trustee, holds assets on behalf of a beneficiary. Trusts are useful in estate planning because they avoid the expense, hassle and public record of a probate proceeding, in addition to tax...