Category Archives: Trust
Special Needs Trusts
When you have a loved one with physical or intellectual disabilities, it is essential to establish an estate plan that considers their long-term care needs and abilities. While needs-based government benefit programs assist in covering the cost of certain types of medical care, they may not cover all the specific needs and services that… Read More »
What is a Qualified Income Trust?
Paying for long-term care can quickly deplete an individual’s assets due to how expensive long-term care services are. In Florida, the average price of a private nursing home room is $10,809 per month. However, additional expenses such as the cost of medications and medical supplies are likely to increase that average to $12,000 to… Read More »