Nobody wants incapacity, not for yourself and not for your loved ones. But planning for that possibility can avoid complications and increase options. The article by my colleague and friend Steve Hartnett, an estate planning expert, discusses the elements of incapacity planning and the need for flexibility to do Medi-Cal planning which he refers to as Medicaid. It discusses how a trust with Medi-Cal triggers can allow that. All trusts prepared by our firm contain such triggers.
Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
Latest posts by Timothy P. Murphy (see all)
- Shrunken Asset Values Open Estate Planning Opportunities - April 9, 2020
- Living Trusts and Incapacity Planning - March 31, 2020
- Estate Planning and Charitable Giving — Key Points - March 29, 2020
