by David Edwards | Sep 29, 2019 | Asset Protection, Wills and Trusts
Do you back into your parking spots or just pull in? How you pull into parking spots may determine what kind of estate planner you are. Read on to find out where you fall. At Ritz’s Diner one morning there was a whole row of trucks that were backed into their... 
by David Edwards | Mar 13, 2019 | Asset Protection, Nursing Home
There’s a real problem facing Americans over the age of 65 — the cost of nursing home care. It’s expensive and often unavoidable. A lucky few have enough income to cover the $80,000 per year cost. But how does the average person afford it?... 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...