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Protecting Your Assets from Probate and Long-Term Care: Don't Let the System Bankrupt You and Your Loved Ones
 

Protecting Your Assets from Probate and Long-Term Care: Don't Let the System Bankrupt You and Your Loved Ones (EPUB ebook)

By Farr, Evan H.

  • $69.99
  • In stock

Have you ever considered the advantages of creating a living trust? Avoiding probate through the use of living trusts is a well-known solution, but author Evan H. Farr takes this issue one step further. In Protecting Your Assets from Probate and Long-Term Care, Farr explains the ... read full description below.

ISBN 9781621535621
Barcode 9781621535621
Published 23 May 2017 by Simon & Schuster Ltd
Available in EPUB format
Software Adobe Ebook Compatible Devices
Language en

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Full details for this title

ISBN-13 9781621535621
ISBN-10 1621535622
Stock Available
Status Wheelers ePlatform
Publisher Simon & Schuster Ltd
Imprint Allworth
Publication Date 23 May 2017
Publication Country United States United States
Format EPUB ebook
Author(s) By Farr, Evan H.
Category Economics, Finance, Business, Industry
Law
Foundations Of Law
Equity & Trusts
Wills & Probate
Other Areas of Law
Personal Finance
Number of Pages 208
Dimensions Not specified
Weight Not specified - defaults to 0g
Interest Age Children / Young Adults
Reading Age Children / Young Adults
NBS Text National Law: Professional
ONIX Text General/trade
Dewey Code 332.024
Catalogue Code Not specified

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Source Pub. RRP Forex Disc. Price Frt Landed Cost
United States 23 May 17 USD $0.00 0.6047 0% $0.00 14%
New Zealand 23 May 17 NZD $69.99 0% $60.86
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incl GST

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Description of this Electronic Book

Have you ever considered the advantages of creating a living trust? Avoiding probate through the use of living trusts is a well-known solution, but author Evan H. Farr takes this issue one step further. In Protecting Your Assets from Probate and Long-Term Care, Farr explains the need to consider both probate and the expenses of long-term care when you create a living trust. A revocable living trust, the main tool used for protecting your assets from probate, does not protect assets from the catastrophic expenses of long-term care. A very useful and popular estate planning tool, revocable living trusts are recommended by tens of thousands of attorneys across the United States and are used as the central estate planning document by millions of Americans. However, what most Americans don't realize is that assets in such a trust are not protected from lawsuits or from the limitless expenses associated with nursing homes or long-term care. In order to help readers protect themselves from both probate and long-term care, Farr delves into the many details you should know when creating a living trust. He also outlines his Living Trust Plus Asset Protection Trust, which is the only type of self-created asset protection trust that allows you to avoid probate and retain an interest in the trust while also protecting the assets from being counted by state Medicaid agencies. He details the process of avoiding probate and securing assets, including: Joint ownership problems Special needs planning How to pay for the nursing home Why Medicaid planning is ethical The ten most common Medicaid myths Finding the right lawyer Protecting Your Assets from Probate and Long-Term Care will help to ensure your family does not have to reap the consequences (and expenses) of improperly creating a living trust.

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Author's Bio

Evan H. Farr is widely recognized as one of the foremost experts in the field of Medicaid asset protection and related trusts. He is the creator of Living Trust Plus™ Asset Protection System, which is used by dozens of estate planning and elder law attorneys around the country, and he is the founder of the Elder Law Institute for Training and Education. He is the bestselling author of Nursing Home Survival Guide and Protect & Defend, and he has been rated as one of the best lawyers in the country by numerous publications, including SuperLawyers.com, Washingtonian Magazine, and Newsweek. He lives in Fairfax, Virginia.

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