by David Edwards | Oct 2, 2018 | Asset Protection, EP-ProtectingAssetsSavings, Estate Planning
So, where will your stuff go when you die? Think about it for a minute. Who will get your stuff and how much will they get? Will the inheritance you leave make a big difference in their financial lives? In many cases it will, and it may be a lot more money than they... 
by David Edwards | Dec 3, 2013 | Asset Protection, Estate Planning
If you’ve ever had to bail your child out financially, then keep reading. I have a list that I call the “Dirty Dozen Mistakes of Estate Planning” and #7 on the list is: Thinking your child will start being good with money later if he or she is... 
by David Edwards | Mar 25, 2013 | Asset Protection, Wills and Trusts
When my son, Cole, was younger he had a book that talked about the right and wrong ways to do things. Like, “Do wear underwear. But don’t wear it on your head!” WOULD YOU USE A MICROWAVE TO WASH DISHES? The other day I met with a client who wanted to... by David Edwards | Sep 14, 2011 | Aging Parents, Asset Protection, Nursing Home
“Are asset gifts to spouses exempt from the 5-year “look back” for Medicaid? –Charles A. Generally speaking, assets transfers to a spouse are exempt from the 5-year look-back rule. Transferring assets from the Medicaid applicant spouse to the... by David Edwards | Dec 8, 2010 | Asset Protection, Wills and Trusts
Check out this stunning article about blown inheritances: Family’s Fall from Affluence is Swift and Hard You might expect a story about blown inheritances to exclusively belong to the twenty-something crowd, but in a recent article from The New York Times we see... 
by David Edwards | Mar 8, 2010 | Asset Protection, Wills and Trusts
If you attend a workshop or meet with me individually, you will probably hear about the “school bus trust”. What is it? A “school bus trust” is a trust designed to protect the assets you are leaving to a spouse, child or other loved one, and...