Revocable Trusts are familiar to anyone who has considered estate planning. Basically, the Settlor (person creating the Trust) retains complete control over the assets in the trust, can withdraw the principal for any reason, can change the beneficiaries, and can change the successor Trustees. The problem with a Revocable Trust is that whatever you […]
Medicaid Eligibility Medicare is a health-care benefit provided by the federal government to individuals over age 65, or under age 65 and disabled. Medicare covers doctor visits, tests and care provided in a hospital and limited benefits in a nursing home (see below). Medicaid is health insurance for those with limited assets. To qualify, you […]
MEDICAID PLANNING Your savings of a lifetime does not have to wiped away by long-term nursing care. With proper planning you can avoid putting your assets in jeopardy. Want a Personalized Analysis of Your Risks? Click here to receive the one-page worksheet. Return it to me and receive your report. The facts… Oklahoma […]
