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Baby Boomer's Guide To Estate & Medicaid Planning: Planning for Yourself and Your Parents - Couverture souple

Iverson, Jon A.

 
9780965793629: Baby Boomer's Guide To Estate & Medicaid Planning: Planning for Yourself and Your Parents

Synopsis

Baby Boomer's Guide to Estate and Medicaid Planning While estate and Medicaid planning can be overwhelming and intimidating, this resource demystifies all the complexities with an emphasis on lifetime planning-health care powers of attorney, living wills, financial powers of attorney, long-term care insurance, and guardianships. Living trusts are discussed in detail, including fiduciary duties, the manner in which trusts are taxed, and the characteristics of trusts versus wills. The ins and outs of long-term care insurance, such as the likelihood of coverage needs and the effect of inflation on costs and benefits, are also explained. Finally, an extensive section on Medicaid provides succinct infor...

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