Minnesota Estate Planning That Will Help You Get Your Affairs in Order

Timothy J. Scott's Blog

Posts tagged long-term care
3 Reasons Why Transferring Ownership Of Your Home To Your Child Is A Bad Idea

Whether it’s to qualify for Medicaid, avoid probate, or reduce your tax burden, transferring ownership of your home to your adult child during your lifetime may seem like a smart move. But in nearly all cases, it’s actually a huge mistake, which can lead to dire consequences for everyone involved.

This week’s blog article talks about the 3 reasons why transferring ownership of your home to your child is a bad idea. Check out the link below!

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FAQs About Long-Term Care Insurance

With the booming aging population, more and more seniors will require long-term healthcare services, whether at home, in an assisted living facility, or in a nursing home. However, such long-term care can be extremely expensive, especially when it’s needed for extended periods.

This article answers some of the most frequently asked questions about these policies to help you determine whether you (or your loved ones) could benefit from investing in long-term care insurance coverage as part of your estate plan.

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