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Balance, Harmony and Elder Law Asset Protection [5 Tips] – Estate Planning Attorney | Gibbs Law – Fort Myers, FL

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For a consultation with a Cape Coral estate planning attorney, call Burandt, Adamski, There are steps you can take to protect certain assets from creditors.. Medicaid planning and elder law; business succession; Asset protection and estate.

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But despite its lofty-sounding name, estate planning isn’t reserved just for those who have a lot of money or property. In the eyes of the law, an "estate" is simply all the property individuals own, both outright and jointly-including bank accounts, real estate, stocks and bonds, vehicles, jewelry, retirement accounts and even pets.

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The secret to getting the care you want tomorrow? planning today. People are living longer than ever. But 70% of those over 65 will need long term care at some point. 1 Health insurance won’t pay for it. Medicare and may provide limited coverage but only if you meet certain criteria. Long term care insurance, on the other hand, can provide you the coverage you need to live your life on your.

Assisted living facilities in urban areas typically cost more than their rural counterparts because of the increased real estate value and cost of doing business. Relocating even an hour outside of a major metropolitan area can mean a drop in cost of up to 25 percent. Swapping states can also net significant savings.

Protections for Estate Plans. Prenuptial agreements are only a part of ensuring that your estate plan is carried out how you see fit. Remember, that you must also create and secure other documents such as wills and living trusts. Directions for Property Distribution upon Divorce. Remember that your state has laws that govern who gets what in a.

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