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Protecting Your Assets from Probate, Lawsuits, and Long-Term Care (Second Edition) - Evan H. Farr

Protecting Your Assets from Probate, Lawsuits, and Long-Term Care (Second Edition)

Don't Let the System Bankrupt You and Your Loved Ones

(Autor)

Buch | Softcover
256 Seiten
2026 | 2nd Edition, Second Edition
Allworth Press,U.S. (Verlag)
978-1-62153-865-3 (ISBN)
CHF 27,80 inkl. MwSt
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Expert Advice in Plain Language on Probate, Preventing Lawsuits, and Creating a Living Trust

Have you ever considered the advantages of creating a living trust? Avoiding probate through the use of living trusts is a well-known solution, but author Evan H. Farr takes this issue one step further. Whether you are middle- or upper-class or somewhere in between, this book teaches you how to protect your assets from the nightmare of probate and the expenses of long-term care.

A revocable living trust, the main tool used for protecting your assets from probate, does not protect assets from the catastrophic expenses of long-term care. A very useful and popular estate planning tool, revocable living trusts are recommended by tens of thousands of attorneys across the United States and are used as the central estate planning document by millions of Americans. However, what most Americans don't realize is that assets in such a trust are not protected from lawsuits or from the limitless expenses associated with nursing homes or long-term care.

In order to help readers protect themselves from both probate and long-term care, Farr delves into the many details you should know when creating a living trust. He also outlines his Living Trust Plus Asset Protection Trust, which is the only type of self-created asset protection trust that allows you to avoid probate and retain an interest in the trust while also protecting the assets from being counted by state Medicaid agencies. He details the process of avoiding probate and securing assets, including:




Joint ownership problems
Special needs planning
How to pay for the nursing home
Why Medicaid planning is ethical
The ten most common Medicaid myths
Finding the right lawyer


All-new sections in this edition include the following:




Protection from lawsuits over any rental real estate assets.
Asset protection for high-net-worth individuals and couples.
Up-to-date information on how veterans can qualify for Aid and Attendance benefits.


Protecting Your Assets from Probate and Long-Term Care

will help to ensure your family does not have to reap the consequences (and expenses) of improperly creating a living trust.

Evan H. Farr is widely recognized as one of the foremost experts in the field of Medicaid asset protection and related trusts. He is the creator of Living Trust Plus Asset Protection System, which is used by dozens of estate planning and elder law attorneys around the country, and he is the founder of the Elder Law Institute for Training and Education. He is the bestselling author of Nursing Home Survival Guide and Protect & Defend, and he has been rated as one of the best lawyers in the country by numerous publications, including SuperLawyers.com, Washingtonian Magazine, and Newsweek. He lives in Fairfax, Virginia.

Erscheint lt. Verlag 9.9.2026
Zusatzinfo Illustrations
Verlagsort New York
Sprache englisch
Maße 139 x 209 mm
Gewicht 203 g
Themenwelt Recht / Steuern Arbeits- / Sozialrecht Sozialrecht
Recht / Steuern EU / Internationales Recht
Recht / Steuern Privatrecht / Bürgerliches Recht Besonderes Schuldrecht
ISBN-10 1-62153-865-6 / 1621538656
ISBN-13 978-1-62153-865-3 / 9781621538653
Zustand Neuware
Informationen gemäß Produktsicherheitsverordnung (GPSR)
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