The Veterans’ Administration offers a “pension” for certain service men and women who pass a means test and medical qualification. The VA describes the program as follows: “Pension is a benefit paid to wartime veterans who have limited or no income, and who are age 65 or older, or, if under 65, who are...
There are only a few words in the English language boring enough to put people to sleep immediately. “Probate” has to be one of the worst! So let’s call it something else…how about “prove”? It’s not boring to prove something, right? Everyone likes to “prove their point”, “prove they are right”, etc. And that...
A trust based estate plan uses a revocable living trust to contain all of the instructions that the client wants to apply to their property at their death. Unlike a will, a living trust springs to life upon signing. It is an independent legal entity with rights and responsibilities of its own. The operations...
A will-based estate plan uses a will to contain all of the instructions that the client wants to apply to their property at their death. In effect, a will is dormant until death occurs, then its terms spring into being and a court supervised procedure, called probate, begins and ensures that the decedent’s last...
We are seeing more and more need by our clients to have their existing insurance reviewed. It is our advice that everyone have their insurance portfolio reviewed every two to three years. We work with your existing professional advisors to effectuate the necessary reviews. If you do not have an advisor you are comfortable...
The average nursing home in Maricopa County costs nearly $6,000 per month in 2007 and the costs are not going down. That is $72,000 per year or $216,000 for a three year stay. The average stay in a nursing home is about 3 years. It is estimated that about two-thirds of all people over sixty-five will...
