How does Medicaid’s five-year lookback work?
Medicaid is a government program that provides financial assistance to elderly people with limited resources to help them pay for medical expenses. When seniors apply for the program, Medicaid conducts a five-year lookback assessment. Applicants must meet strict...
2 reasons to use a POD account
One tool that you can use when making your estate plan is known as a payable on death account. Technically, this does not have to be included in the rest of your planning. Instead, you just need to fill out the proper beneficiary designations at the bank or other...
Avoid these common estate planning mistakes
Estate planning is not something you should take lightly. Mistakes can render ineffective the careful plans you have made for your estate after your death, putting your legacy at risk. This may also lead to confusion and disputes among your loved ones, which is not...