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331 items found for "qualified personal residence"

  • Houston Estate Lawyer: How to Plan for Religious Needs

    When meeting with a Houston estate lawyer, people discuss their financial, legal, and personal concerns A qualified estate lawyer can help you create a charitable giving plan that faithfully conforms to your That is why it is important to seek the counsel of a qualified estate planning lawyer to make sure that

  • Encourage Your Parents to Meet with a Houston Elder Law Attorney Early to Avoid Serious Complication

    adult children suddenly become caregivers which can wreak havoc on their own family and the elderly person problems in your parents, take them to their doctor for a full medical evaluation and get them to a qualified One way I have worked through this with families is to let the elder know that they can work with a qualified

  • Smart Strategies for Social Security Benefits Taxes

    up to $125,000 from your IRA or 401(k) in a special version of a deferred-income annuity known as a Qualified

  • Complete a Complete Estate Plan

    be sure the money in your accounts or the death benefit on a life insurance policy goes to the right person The executor or the personal representative is the person who will be responsible for carrying out the

  • PROBATE AND NON-PROBATE ASSETS—THE DIFFERENCE CAN MEAN A LOT

    · Save considerable money When you think of your estate, you would probably include your home, your personal There are a lot of decisions to be made, and a Houston business planning lawyer is the perfect person that have been put into effect for folks like you, there is nothing quite as helpful as meeting with a qualified

  • Are My Nursing Home Expenses Covered By Medicaid?

    They often believe that it is only for those who are poor and that they would not qualify. In order to qualify an individual must be at least 65 years of age, blind, or disabled. Medicaid, it pays the full amount for room and board as well as any therapies that are part of general resident Medicaid also includes personal care items and specific services such as bathing, grooming, and laundry If you are interested in Medicaid coverage for residency at a nursing home for yourself, your elderly

  • The 4 Most Common Types of Trusts and Their Benefits

    Medicaid planning: If you need long-term care and want to qualify for Medicaid, an irrevocable trust Testamentary Trusts Testamentary trusts, or will trusts, are created through a person’s last will and You will want to pick the perfect trust for your personal planning preferences, and it is important to For example, while revocable living trusts are taxed similarly to personal income taxes, irrevocable Our qualified trusts lawyer at Your Legacy Legal Care can help you navigate these options and find the

  • Is Regifting My Inheritance Tacky?

    However, suppose a loved one who resides in another state leaves you money. This can become a problem when they want to qualify for Medicaid.

  • Houston Probate Lawyers Answer, “Will My Inheritance Be Taxed?”

    that will require your heirs to pay substantial taxes, it may be in your best interest to speak to a qualified

  • What Happens in Probate Court? A Comprehensive Guide

    When a person passes away without leaving a valid will, their estate must go through probate court if that can alter the usual proceedings: Small Estates – If the estate value is under $75,000, it may qualify invaluable well beyond the closure of the estate, too, as they can continue assisting you with any residual

  • What Is a Special Needs Trust Under Texas Law?

    Under Texas law, a special needs trust is a trust that allows a person with a disability to have money Additionally, the special needs trust still allows the person with a disability to be eligible for all With a third-party trust, the person that sets it up, usually the parent or grandparent, has the ability Depending on where the successor guardian resides, a designation of temporary guardian may be created We want trustees to have options, and we to make sure that the beneficiary has the best quality of life

  • Houston Business Lawyer: Succession Planning for Your Small Business is Crucial for its Survival

    You will want to go over your options with a qualified Houston wills and estates attorney and make them

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