Category: Long Term Care Risks

5 Reasons You Need a Trust

By David Edwards on Apr 22, 2013 in Asset Organization, Asset Protection, Asset Protection Trusts, Divorce Risks, For Your Business, For Your Kids, Kids' Inheritance, Lawsuits and Creditor Risks, Long Term Care Risks, Nursing Home, Why use a Living Trust?, Wills and Trusts

Trusts are a very valuable planning tool. When people think about estate planning, most people think about wills. While wills are the most basic/common tool for estate planning, trusts are an incredibly effective way to plan for things that wills can’t address. Trusts can be used to: Organize your assets so it’s easier on your [...]

Estate Planning Quiz: 8 Questions to Help You Know Where You Stand

By David Edwards on Apr 16, 2013 in Aging Parents, Divorce Risks, For Your Business, For Your Kids, Grandchildren, Kids' Inheritance, Long Term Care Risks, Marriage & Remarriage, Name Guardians, Nursing Home, Parents, Power of Attorney, Tax, Wills and Trusts

Answer these 8 questions to find out where you stand with your estate planning.

“You’re NOT the boss of me!!”

By David Edwards on Feb 27, 2013 in Aging Parents, Asset Protection, Cost of Poor Planning, Kids' Inheritance, Long Term Care Risks, Nursing Home, Parents, Power of Attorney, Wills and Trusts

We all have control issues. Cole, my son, is 2-years-old now. (The Terrible Two’s!) Yes, we have our share of yelling, “NO!!” and throwing full tantrums on the floor. Toddlers are just beginning to understand how they can exert control on the world around them, which makes for an interesting family life for a while. [...]

8 Keys to Effective Long-Term Planning

By David Edwards on Sep 11, 2012 in Asset Protection, Cost of Poor Planning, Family Farm, Grandchildren, Kids' Inheritance, Long Term Care Risks, Wills and Trusts

Long-term Care Planning is one of the biggest issues facing aging adults today. With experts projecting that nearly 60% of all individuals will need long-term care at some point in their life, the issue cannot be ignored. And yet, many surveys and statistics are showing that people are doing just that. Without proper planning, the [...]

Who do you call for long-term care advice?

By David Edwards on Apr 27, 2012 in Aging Parents, Asset Protection, Asset Protection Trusts, Cost of Poor Planning, Funding and Asset Titling, Grandchildren, Kids' Inheritance, Long Term Care Risks, Nursing Home, Power of Attorney

When your family hits a situation where mom, dad, grandma or grandpa can’t stay at home anymore, where do you get your advice? From a friend, neighbor or relative who’s dealt with it once before? Support from friends is always needed in difficult situations like this, but you may also greatly benefit from professional advice [...]

Planning Ahead Equals No Regrets

By Joshua on Aug 15, 2011 in Aging Parents, Asset Protection, Cost of Poor Planning, Disability, Long Term Care Risks, Nursing Home, Parents, Power of Attorney, Wills and Trusts

3 real life stories from Joshua’s recent experiences: The Medicaid Crisis Success Story, The Medicaid Crisis Failure and the Pre-planning Success Story.