{"product_id":"protecting-your-assets-from-probate-and-long-term-care-dont-let-the-system-bankrupt-you-and-your-loved-ones-9781621535539","title":"Protecting Your Assets from Probate and Long-Term Care: Don't Let the System Bankrupt You and Your Loved Ones","description":"\u003cb\u003eEvan H. Farr is a lawyer with expertise in asset protection and related topic. Let him, in plain language, explain the need to consider both probate and the expenses of long-term care when you create a living trust.\u003c\/b\u003e \u003cp\u003e\u003c\/p\u003eHave 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. \u003cp\u003e\u003c\/p\u003eA revocable living trust, the main tool used for protecting your assets from probate, \u003ci\u003edoes not\u003c\/i\u003e 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. \u003cp\u003e\u003c\/p\u003eIn 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(TM) Asset Protection Trust, which is the only type of self-created asset protection trust that allows you to avoid probate \u003ci\u003eand\u003c\/i\u003e 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: \u003cp\u003e\u003c\/p\u003eJoint ownership problems\u003cbr\u003eSpecial needs planning\u003cbr\u003eHow to pay for the nursing home\u003cbr\u003eWhy Medicaid planning is ethical\u003cbr\u003eThe ten most common Medicaid myths\u003cbr\u003eFinding the right lawyer \u003cp\u003e\u003c\/p\u003e\u003ci\u003eProtecting Your Assets from Probate and Long-Term Care\u003c\/i\u003e will help to ensure your family does not have to reap the consequences (and expenses) of improperly creating a living trust.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Allworth\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 05\/23\/2017\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781621535539\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 208\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.50lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.20h x 5.40w x 0.80d","brand":"Evan H. Farr","offers":[{"title":"Default Title","offer_id":45276346876085,"sku":"9781621535539","price":12.74,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/files\/img_c451d5f7-2136-471c-865e-4f7a0d0e83bd.jpg?v=1744122905","url":"https:\/\/pastforward.org\/products\/protecting-your-assets-from-probate-and-long-term-care-dont-let-the-system-bankrupt-you-and-your-loved-ones-9781621535539","provider":"Past Forward","version":"1.0","type":"link"}