Protect Assets From Medicaid Recovery

Benjamin Long Healthcare, Long-term Care Planning, Medicare, Nursing Home

Understanding Medicaid Estate Recovery ProgramImpact of Medicaid Estate Recovery Program on Beneficiaries“If you’re helping an aging parent navigate Medicaid because they don’t have long-term care …

How To Manage a Will and Trust

Benjamin Long Assets, Executor, Guardians, Life Insurance

Understanding Wills and Trusts in Estate PlanningThe Role of a Last Will and Testament“By definition, a Will accounts for a person’s wishes of how their …

What Are the Benefits of a Donor Advised Fund?

Benjamin Long Charity, Donor Advised Funds

Understanding Donor-Advised Funds (DAFs)The Flexibility and Control of DAFs”Funded with cash or other assets, donor-advised funds give charitably minded investors control of when and where …

What Happens If You Don’t Name Beneficiaries?

Benjamin Long Beneficiaries, Guardians, IRA, Minor Children

The Importance of Naming Beneficiaries for Your AccountsRetirement Accounts and Beneficiary Designations“If you’ve had an IRA and a 401(k) for many years, you may occasionally …

Do You Need Power of Attorney if You Have a Joint Account?

Benjamin Long Attorney in Fact, Fiduciaries, Power of Attorney

Understanding Power of Attorney and Joint AccountsThe Role of Attorney-in-Fact in Power of Attorney“As you know, a power of attorney (POA) allows another person, the …

Why Do You Need a Health Care Directive?

Benjamin Long Advanced Directive, Estate Planning Attorney, Healthcare, Power of Attorney

What is a Health Care Directive?“A health care directive is a legal document that lets you express your health care preferences and, if you wish, …

What Is the Primary Purpose of a Credit Shelter Trust?

Benjamin Long Assets, Estate Planning Attorney, Probate

Understanding Credit Shelter Trusts for Estate PlanningThe Role of Credit Shelter Trusts in Reducing Estate Taxes“A credit shelter trust is used to help married couples …

Estate Planning Meets Tax Planning

Benjamin Long Charity, Estate Planning Attorney, Retirement Plan

Maximizing Your Legacy with Tax-Smart Estate PlanningUnderstanding Tax Implications for Different Assets“By being very selective about who receives which type of money—whether Traditional or Roth …

Elder Financial Abuse Increases With Social Isolation

Benjamin Long Elder Financial Abuse, Estate Planning

The Impact of Social Isolation on Elder Financial Abuse “The unprecedented quarantines to protect against the spread of the novel coronavirus have made many seniors …

How Does Probate Work?

Benjamin Long Estate Planning, Wills

The Importance of Understanding Probate and Wills“There is a general understanding that every adult should have a last will and testament. However, for most people, …