What Is The Qtip Trust?
QTIP trust stands for the qualified terminable interest property trust. It allows certain property to qualify for an estate and gift tax marital deduction even though it ordinarily would not …
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Are Conservators Paid?
Typically a conservatorship allows the conservator to be paid for his or her services. The conservator is also entitled to attorney fees to seek legal advice. In addition, the court will require a …
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What Rights Do Nursing Home Residents Have?
Federal and state regulations provide nursing home residents with various rights. Some of those rights are as follows: (1) Residents have a right to know their medical condition and can participate …
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How to Care for an Aging Parent
Many adults are overwhelmed with the responsibility of caring for an aging parent. It is a fine line between allowing your aging parents to remain autonomous and in control of their own decisions and doing what is in their best interest. Accordingly, it is important for many families to make arrangements for care before a crisis happens. Those arrangements often include: · …
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Why Everyone, Even Young People, Need an Estate Plan
Many young people are hesitant to consult an attorney about creating an estate plan. They may believe that death is far away or that they don’t have enough assets to make estate planning important. However, estate planning is important for all adults regardless of age or assets. An Estate Plan Can Help You if You Injured or Ill A properly drafted estate plan can help …
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