Most people think estate planning is only for the very wealthy. That is not true. As a result, most people do not have a plan in place in the event they become incapacitated or incompetent or for when they pass away. Having no plan makes it very difficult on your loved ones who have to deal with these issues with no authority and no instructions if you are no longer able to do so. This book is designed to give you the basics about estate planning and the different legal documents that are involved. It also gives you strategies to protect your assets from creditors and predators including lawsuits, bankruptcy, divorce and shows you how you can protect the assets you leave to your loved ones from their creditors and predators. The book also addresses the issue of long term care and how you can plan to protect your assets and get qualified for medicaid. The book provides a basis analysis of how the medicaid look back period works. This book is a great starting point for getting the information you need and peace of mind you seek about your estate plan.
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