A Will prepares you for a probate, but it doesn't avoid the need to do that probate. In order to transfer title to real property and access many financial accounts, the Will must be probated. In order for a Will to be effective, it must be probated within 4 years from the date of death.
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NAELA Supports House Bill to Limit Estate Recovery
Last week, NAELA, as part of the Consortium for Citizens with Disabilities (CCD), sent a letter of support for H.R. 6698, the Stop Unfair Medicaid Recoveries Act of 2022, introduced by Rep. Schakowsky (D-IL). The legislation would effectively end estate recovery except in instances of improper payments.
Special Needs Trusts: How To Protect Your Assets for the Benefit of Your Loved One With Special Needs
One of the most common tools used by attorneys in planning for public benefits is a special needs trust (“SNT”). Governmental benefits are designed to provide basic health care, food and shelter. As such, governmental benefits provide for only a meager existence to recipients.
Fideicomiso Para Necesidades Especiales: Cómo Proteger Tus Activos Para El Beneficio De Tus Seres Queridos Con Necesidades Especiales
Una de las herramientas más comunes utilizadas por abogados en la planificación para beneficios públicos es un fideicomiso para necesidades especiales (“FNE”). Los beneficios gubernamentales están diseñados para proveer cuidado de salud básico, alimento y refugio. Como tales, los beneficios gubernamentales solo proveen una pobre existencia para los beneficiarios.
Descripción De Documentos Necesarios en La Administración De Sus Bienes
Lea más sobre qué documentos se requieren mientras está incapacitado y/o después de fallecer.
Essential Estate Planning Documents
Read more about what documents are required while incapacitated and/or after passing.
Plan While You Can: Protect Your Home From The Medicaid Estate Recovery Program
My mom refuses Medicaid because she was told the State will take her home away. Is that true?