What Is a Qualified Personal Residence Trust?

Jul 24, 2015 / By:

Category: Estate Planning

High net worth individuals should be aware of potential estate tax exposure. The tax carries a 40 percent maximum rate that can consume a great deal of what you have been able to earn throughout...

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Will Medicaid Take My Home?

Jul 22, 2015 / By:

Category: Elder Law

Elder law attorneys frequently help clients who want to qualify for Medicaid coverage. Medicaid is a government health insurance program that is jointly administered by the state government and the federal government. Some people are...

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2015 Estate Tax Exclusion Adjustment Released By IRS

Jul 18, 2015 / By:

Category: Estate Planning

Taxation is something that you constantly face throughout your life, but it can also come into play after you pass away. Many people question the fairness of the estate tax, because it is imposed on...

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What Is an ILIT?

Jul 14, 2015 / By:

Category: Estate Planning

The fact that there are a lot of rather wordy terms used in the legal field is no secret, and this is where the term “legalese” comes from. Sometimes legal devices are reduced to acronyms...

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How Do I Choose a Living Trust Trustee?

Jul 14, 2015 / By: Joe Masiuk, Estate Planning Attorney

Category: Estate Planning

In this post we will look at the role of the living trust trustee and the qualities that you should look for when you are choosing a trustee. However, before we get into that subject,...

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Medicaid Planning: What Can the Healthy Spouse Keep?

Jul 7, 2015 / By:

Category: Elder Law

Medicaid planning is important for many senior citizens, and this may surprise you. The reason why Medicaid is relevant is because Medicare does not pay for living assistance. Medicare will pay for up to 100...

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What Is a Pennsylvania Family Limited Partnership

Jul 6, 2015 / By: Joe Masiuk, Estate Planning Attorney

Category: General

What Is a Pennsylvania Family Limited Partnership from Joseph M. Masiuk If any member of the partnership was sued personally, property that was held by the partnership would be protected.Learn more about Pennsylvania Family Limited...

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What Is the Capital Gains Tax?

Jul 2, 2015 / By:

Category: Estate Planning

When people start to get serious about estate planning, a lot of questions about taxation are naturally going to arise. There are innumerable taxes that come to mind, and one of them is the capital...

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What Is a Pennsylvania Supplemental Needs Trust

Jun 30, 2015 / By: Joe Masiuk, Estate Planning Attorney

Category: Trust

What Is a Pennsylvania Supplemental Needs Trust from Joseph M. Masiuk It is not exclusively for people with disabilities, but many disabled individuals do rely on medicaid for health insurance.Learn more about Pennsylvania supplemental needs...

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Free Report: Can A Pennsylvania Trust Provide Nursing Home Asset Protection

Jun 29, 2015 / By:

Category: Nursing Home

Now that we have provided the necessary background information, we can look at trusts and nursing home asset protection. There are different types of trusts; some are revocable, and some are irrevocable. You retain control...

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