There's only so much control that their grandparents will be able to exercise after they're gone, and the best kinds of gifts don't come with strings attached. All inheritance is treated as separate ...
Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend.
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...
Irrevocable trusts are often viewed as rigid, permanent components of an estate plan designed to preserve wealth, minimize taxes, and protect assets. However, as family circumstances evolve, laws ...
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Did you know that a staggering 68% of Americans haven't planned their estates? This oversight leaves countless assets vulnerable to probate, creditors, and unnecessary taxes. A trust-based estate plan ...
Medicaid planning often involves the strategic use of irrevocable trusts to shield assets from stringent look-back periods. This approach helps maintain eligibility for long-term care assistance while ...
Sen. John Kennedy wrote a guest column saying that the provisions in the “Big Beautiful Bill” will enhance, not harm, Medicaid. If that’s so, why did the Louisiana state Senate pass “Senate Concurrent ...
My husband is 70 and I’m 68. He just began taking Social Security from which he gets $4,700 a month. I am going to wait until I’m 70 before I collect Social Security, at which time I’ll receive $3,000 ...
A U.S. appeals court panel on Thursday allowed President Donald Trump’s administration to block Medicaid funds to Planned Parenthood while legal challenges continue. A federal judge in July ruled ...
Making sure that children have access to high-quality care and parents trust that care is important in making sure that children are cared for after Medicaid cuts take effect. Chris Johnson, MBA, CEO ...