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Special Needs Trust: Protecting an Inheritance without Losing Government Benefits
Many government benefits including Medicaid and Supplemental Security Income (SSI) are means-tested. In other words, eligibility for these benefit programs is restricted on the basis of both assets and income. In addition to other requirements, a person may not have more than $2,000 in countable assets and a couple may not have more than $3,000 […]
read more >How is My Property Transferred if I Die Intestate
Creating a will is important to ensure that you have control over where your property and your assets go upon your death. A will is a simple yet essential estate planning tool and, upon your death, the distribution of property in your will should be carried out through the probate and estate administration process. If […]
read more >Millionaire Dog
The Charles Law Office of Clearwater recently posted this interesting Inheritance story to its blog: A real estate and hotel mogul made headlines in 2007 when it was discovered that she had left $12 million to her Maltese dog, Trouble. The dog recently died in a Florida retirement retreat at the age of 12. The […]
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