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Medicaid Asset Protection Trust: Your Secret Weapon for Long-Term Care?

Medicaid Asset Protection Trust: Your Secret Weapon for Long-Term Care?

by Deliberato Law Center | Aug 7, 2024 | blog, Estate Planning, Spendthrift Trust

Qualifying for Medicaid can be a lifesaver if you suddenly find yourself in need of long-term care. A stay in a nursing home or extended home care often come with crippling costs, which Medicaid can help defray. The qualification process, however, can be highly...
Young and Invincible? Why Estate Planning Isn’t Just for Retirees

Young and Invincible? Why Estate Planning Isn’t Just for Retirees

by Deliberato Law Center | May 29, 2024 | blog, Estate Planning, Spendthrift Trust

When many people think about estate planning, they think of it as something that only applies to older people. As a result, they keep putting it off and end up completely unprotected. The statistics paint a stark picture: only one in three Americans has a will, let...
Leaving a Legacy, Not a Mess: Why a Spendthrift Trust Might Be Your Secret Weapon

Leaving a Legacy, Not a Mess: Why a Spendthrift Trust Might Be Your Secret Weapon

by Deliberato Law Center | Apr 18, 2024 | blog, Estate Planning, Spendthrift Trust

When it comes to leaving a legacy, you want to be sure that all your loved ones are accounted for. But what happens if one of your beneficiaries is a little less than trustworthy? If someone in your life is not as good at handling money as they might be, a spendthrift...
The Objectives and Benefits of a Spendthrift Trust

The Objectives and Benefits of a Spendthrift Trust

by Deliberato Law Center | Jun 28, 2023 | blog, Estate Planning, Spendthrift Trust

A spendthrift trust is typically used to prevent a beneficiary from receiving his or her inheritance all at once. There are several reasons why a grantor (the person who creates the trust) might want to consider such an approach. The most obvious reason is that the...

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