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Baby Boomer's Guide to Estate and Medicaid Planning: Planning for Yourself and Your Parents

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Baby Boomer's Guide to Estate and Medicaid Planning: Planning for Yourself and Your Parents (Paperback)

by Jon A. Iverson (Author)

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Product details

Paperback: 250 pages
Publisher: Stonemark Publishing Company, U.S. (1 Sep 2005)
Language English
ISBN-10: 0965793621
ISBN-13: 978-0965793629
Product Dimensions: 22.4 x 17.8 x 1.8 cm
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Product Description

Review
"Jargon-free treatment...makes it one of those unusual books that's good for both advisors and a general audience." --" Advisor," National Association of Personal Financial Advisors (NAPFA)

Product Description
While estate and Medicaid planning can be overwhelming and intimidating, this resource demystifies all the complexities with an emphasis on lifetime planning-health care powers of attorney, living wills, financial powers of attorney, long-term care insurance, and guardianships. Living trusts are discussed in detail, including fiduciary duties, the manner in which trusts are taxed, and the characteristics of trusts versus wills. The ins and outs of long-term care insurance, such as the likelihood of coverage needs and the effect of inflation on costs and benefits, are also explained. Finally, an extensive section on Medicaid provides succinct information for families of wealthy and modest means.

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