Ettinger Law Firm's Guide to Protecting Your Future

By Michael Ettinger

This Guide reflects the knowledge and insights your writer has gleaned over forty-three years of practicing law. Written in plain English, we start with the basics: (1) a simple five-step process to creating an effective estate plan (2) a description of each of the legal documents needed to address all your legal, financial and medical contingencies, and (3) options in planning for special situations, such as second marriages, special needs children, leaving a family business, spendthrift children and many more. Arising out of our experience in filing thousands of Medicaid applications, we address how to apply for Medicaid benefits, and various strategies for protecting your assets from the costs of long-term care, including the Medicaid Asset Protection Trust. Numerous chapters are devoted to "Financial and Tax Aspects of Estate Planning," mostly having to do with saving income, capital gains and estate taxes but also how to leave an IRA to a trust and ways to gain additional liquidity later in life should the need arise. In recognition of our belief that estate planning is primarily a social exercise, and that the law should follow and serve the social needs of the persons involved, your writer draws on personal experience in tens of thousands of cases to write on "The Social Side of Estate Planning." Here we address how to avoid hurt feelings, keep the family together and prevent future litigation. Too many perfectly legal estate plans have had the effect of tearing the family apart by failing to address the myriad social issues involved. After reviewing administration of a trust upon death, the Guide concludes with invaluable chapters on "Health and Well-Being for Older Adults". Here are some of the latest findings in increasing not only your lifespan but also your "healthspan", our view being that the best plan for "protecting your future" is to avoid disability and to live as long and healthy as possible.

• Format: Paperback
• Language: English
• ISBN: B0CL8WHL6P
• ISBN13: 9798864682685
• Release Date: October 2023
• Publisher: Independently published
• Length: 331 Pages
• Weight: 0.95 lbs.
• Dimensions: 9.0" x 0.8" x 6.0"