If you are facing insurmountable financial challenges, filing for bankruptcy might be a consideration. However, the prospect of bankruptcy can raise concerns about the fate of your assets, especially your home. There are a few things you should know about how...
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Year: 2023
Exploring the benefits of trusts for estate planning
When it comes to securing your assets and planning for the future, trusts can be invaluable tools. Trusts offer a means to safeguard your assets for your own future needs or for the benefit of generations to come. There are several types of trusts you can explore,...
What is a VA asset protection trust?
A VA asset protection trust specifically allows veterans to protect their assets while remaining eligible for veteran benefits. It is irrevocable, meaning you cannot remove the assets once you place them in the trust. The roles of grantor, trustee and beneficiary The...
Important Things To Know About Special-Needs Planning In KY
Special-needs individuals fortunate enough to have a parent or family member care for them often face trying times, emotionally, physically and financially, when the caregiver passes. Fortunately, special-needs planning can ease some of these difficulties. Here are...
Getting Started With Creating A VA Trust
VA benefits can reduce the financial strain on those who have served. Putting a veteran's asset protection trust in place allows a veteran to protect his or her assets so he or she remains eligible for certain benefits. Understanding what a VA trust is and how it can...