An introduction to reciprocal wills A reciprocal will is what most married couples first think of when they start talking about creating a will. With a reciprocal will, each spouse’s Will is a “mirror image” of the other. If the combined estates of both spouses total under the federal maximum, this may be all you need. This kind… Continue reading The “Reciprocal” Will
Category: Caregiver
Last Will and Testament
Understanding a Will The term “Will” is something that many people are familiar with, but seldom truly understand. Ask the average person, and you will likely be told that the purpose of a last will and testament is to disburse property to heirs upon the death of the author. While true, there are many other aspects to a last… Continue reading Last Will and Testament
Medicaid and Nursing Home Planning
Financial planning for nursing homes BY: STUART R. MORRIS, ESQ., CPA, CELA, ELDER LAW ASSOCIATES, P.A. Do you plan to be in a nursing home? Are you aware of the cost of a nursing home? And how much money do you have saved for a nursing home, should you need to go there? All questions that we should all answer. Older… Continue reading Medicaid and Nursing Home Planning