Using PA UTMA Accounts for Gifts to Grandchildren: We frequently have clients asking about ways they can make gifts to grandchildren. For large gifts (ie. hundreds of thousands of dollars), we will almost most often use some form of irrevocable trust to aid in the proper protection […]
Read more →Archive for the Asset Protection Category
Medicaid Protections for the Healthy Spouse Medicaid law provides special protections for the spouse of a Medicaid applicant to make sure the spouse has the minimum support needed to continue to live in the community while their husband or wife is receiving long-term care benefits, usually in […]
Read more →Checklist for Detecting and Dealing with Elder Financial Abuse The elderly are particularly vulnerable to scams or to financial abuse by family members, Agents under powers of attorney or others in need of money. Financial abuse can be very difficult to detect, but there are warning signs. […]
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