Start process now to protect assets

 Legal Corner by Paul A. Brule

   Many of our older clients are concerned about the loss of assets as they age and what will happen to those assets when they pass away. As people age, they focus on the possible loss of assets for payment of health care expenses, especially to nursing homes.

Generosity can be a costly trait

Legal Corner by Paul A. Brule

    While Christmas seems to be the height of gift giving each year, people bestow and receive presents every month because of birthdays, anniversaries and other occasions. This column will focus on the Medicaid eligibility and tax ramifications of gifts, but I will start off with some simple definitions.

Giving away 99% of house can work

Legal Corner by Paul A. Brule

    The different approaches explained in this column to protect assets from loss against nursing home expenses should only be employed after a family receives qualified legal assistance. Another one of the many strategies a family can use is to give away 99 percent of a house, which can produce a very beneficial result under the right circumstances.

Lawyer recommends annual legal check

Legal Corner by Paul A. Brule

    Periodically, everyone should have a checkup. While that seems to be accepted by all reasonable people as regarding their health, many people fail to realize that a similar periodic legal checkup is also important.

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