Sooner or later, we all will encounter death. If you have a will when you die, you get to decide who gets your possessions and assets and in what proportions. If you die without one, state laws determine those things. That typically means close relatives—like parents, spouse, or children. Wayne Stewart Elder Law can help you consider what items to include in your will and what their ramifications will be.
Trusts, like wills, allow you to specify whom to transfer your assets to. Unlike wills, however, trusts allow that transfer to initiate before death and continue on through death. They also keep your property out of probate when you die, where much of the estate is taken by taxes and sometimes attorneys. We can help you put together trusts to your satisfaction as well as the law's.
Special Needs Planning
There are many items to consider when planning for meeting the long-term needs of a family member with a disability. Where will they live? What will happen to their social security benefits? If your will is not carefully constructed to cover their future care, their inheritance can be taken away by the government. We can help.
Medicaid is long-term health insurance provided by the government for the elderly in the United States. We can help you maximize your eligibility to receive Medicaid benefits.