Protecting Your Assets from Probate and Long-Term Care (Second Edition)
Evan H. Farr
Sold by Rarewaves USA, OSWEGO, IL, U.S.A.
AbeBooks Seller since 10 June 2025
New - Soft cover
Condition: New
Ships within U.S.A.
Quantity: 2 available
Add to basketSold by Rarewaves USA, OSWEGO, IL, U.S.A.
AbeBooks Seller since 10 June 2025
Condition: New
Quantity: 2 available
Add to basketExpert Advice in Plain Language for Anyone Worried About the Costs of Living and DyingHave you ever considered the advantages of creating a living trust? Avoiding probate with a living trust is a well-known strategy, but bestselling author Evan H. Farr explains the need to consider both probate and long-term care expenses when creating a living trust. Revocable living trusts are very popular estate-planning tools recommended by tens of thousands of attorneys across the US. However, most Americans don't realize that these trusts do not protect assets from lawsuits or the catastrophic expenses associated with nursing homes and long-term care.In plain language, Farr delves into the many details you should address when creating a living trust in order to protect against lawsuits and longterm care expenses. 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 retain control of your assets while avoiding probate and also protecting your assets from lawsuits and Medicaid. Farr also covers:Joint ownership problemsSpecial needs planningHow to nursing home expensesWhy Medicaid planning is ethicalThe ten most common Medicaid mythsFinding the right lawyerAll-new sections in this edition include:How to protect your assets if you own rental property (using LLCs and asset protection trusts)Asset protection for high-net-worth individuals and couplesUp-to-date information on how veterans can qualify for Aid and Attendance benefitsProtecting 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.
Seller Inventory # LU-9781621538653
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