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Asset Protection In Relation To Medicaid And Bankruptcy (Popularity:  )
Asset Protection And Medicaid
Advocating the proper asset protection measure is of crucial importance. The asset protection from Medicaid is to be especially mentioned in this regard. The Medicaid is the health insurance system run by the state for people with low income and limited assets. Planning ahead can offer asset protection from Medicaid to a great extent.
The asset protection from Medicaid planning option will depend on whether the basic documents ...
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Some Simple Strategies For Protecting Your Assets (Popularity: )
http://www.easyassetprotection.com
As elementary as it may sound, no matter how much money you make, you still need to find ways to hold onto it. There are many small steps to take that will add up to big savings in the end. If you value the assets you have accumulated, or if you feel you should be accumulating more, take this advice and make some minor changes.
Firstly, take a look at your ...
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Trust Deeds – Breath A Debt Free Life at Easy Terms (Popularity: )
http://www.scottishtrustdeeds.co.uk
Trust deeds are considered as a convenient settlement of debts a debtor is no more able to pay off. The trust deeds are a method used in Scotland for easy clearance of debts. Usually elsewhere for lessening and time bound pay off of debts, debt management program is sought by the debt ridden person. But trust deeds are quite different from any debt management. While in debt management there is ...
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Probate and Estate Sales (Popularity: )
http://www.global-investment-institute.com
“It's all about quality of life and finding a happy balance between work and friends and family.”
-Philip Green
Probate and estate sales usually occur when someone wealthy dies. Estate sales have to be conducted because the decedent did not leave a will and everything is in his name. If there is more then one person who can receive the inheritance then it must be shared.
Sharing can become a problem. Even if ...
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Anguilla as a Offshore Jurisdiction (Popularity: )
http://www.panamalaw.org
Anguilla is another jurisdiction with misleading bank secrecy. Commercial confidentiality is contained in the statues, BUT the government of Anguilla will co-operate fully with law enforcement agencies and regulators in other jurisdictions, think wholesale fishing expeditions and inquiries related to “possible” income tax violations. In other words records may be requested just to see if in fact there were any taxation violations that citizens of a certain country may have ...
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Sometimes a Conservator can be a Good Thing! (Popularity: )
http://www.livingtrustnetwork.com
The thought of having a conservator appointed for a parent or relative - even a friend or neighbor - is something we all seem to loath. It has all sorts of negative connotations, including the fact that a conserved individual will be paraded through the probate courts with psychiatric and medical evaluations open for all to see. But, most of all, it's the loss of dignity that results when the ...
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Will I Lose The Capital Gains Exclusion If I Gift My Home Through An LLC (Popularity: )
Question: Dear Mr. Pancheri, I read your great article “Gifting Real Estate Under the Annual Gift Tax Exclusion.” In this article you explain that an LLC can be used to accomplish this. I am considering an LLC as a method to gift my house to my son. I have two questions:
- Is there any change in the basis when membership units are transferred (that is, can I take advantage of ...
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Powers Of Attorney Vs. Successor Trustees - Does One Have More Power Than The Other (Popularity: )
Question: I am listed as the Successor trustee, my bother is listed as the Durable Power of Attorney for property management of my father's estate. Does one have more power than the other. Does the POA have the power to sell my dad's property or do I the successor? Thanks ahead of time - really confused. N.H.
Answer: Dear N.H. - Generally speaking, you can have as much power under a ...
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Joint Tenancy, a Will or a Trust? What's the Best Way to Plan Your Estate? (Popularity: )
estate plan for you if you don’t have your own,” is preferable to creating your own estate plan.
The problem is that newspapers, magazines, and other media often present conflicting views on whether it is best to choose joint tenancy, a will or a trust as your estate planning vehicle. Who’s telling the truth?
Let’s take a look at the three fundamental goals of an effective estate plan:
(1) Transferring your property to ...
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Why Estate Planning Is a Woman's Issue (Popularity: )
In a nation consumed with wealth-building, it’s easy to forget that earning money is only half the financial security battle. Equally important is protecting our hard-won financial security with a well-designed estate plan. For women, the importance of planning is paramount, because most often women must cope when loved ones become disabled or die.
A recent study by Penn State University found that wives were three times more likely to have ...
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