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Protecting Your Assets From Probate And LongTerm Care (Second Edition): DonT Let The System Bankrupt You And Your Loved Ones
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Expert Advice In Plain Language On Probate, Preventing Lawsuits, And Creating A Living Trusthave You Ever Considered The Advantages Of Creating A Living Trust? Avoiding Probate Through The Use Of Living Trusts Is A WellKnown Solution, But Author Evan H. Farr Takes This Issue One Step Further. Whether You Are Middle Or UpperClass Or Somewhere In Between, This Book Teaches You How To Protect Your Assets From The Nightmare Of Probate And The Expenses Of LongTerm Care.A Revocable Living Trust, The Main Tool Used For Protecting Your Assets From Probate, Does Not Protect Assets From The Catastrophic Expenses Of LongTerm 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 DonT Realize Is That Assets In Such A Trust Are Not Protected From Lawsuits Or From The Limitless Expenses Associated With Nursing Homes Or LongTerm Care.In Order To Help Readers Protect Themselves From Both Probate And LongTerm 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 SelfCreated 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 LawyerallNew Sections In This Edition Include The Following:Protection From Lawsuits Over Any Rental Real Estate Assets. Asset Protection For HighNetWorth Individuals And Couples. UpToDate Information On How Veterans Can Qualify For Aid And Attendance Benefits.Protecting Your Assets From Probate And LongTerm Care Will Help To Ensure Your Family Does Not Have To Reap The Consequences (And Expenses) Of Improperly Creating A Living Trust.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.