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A Will is Not Enough
By Amelia E.
Pohl, Esq.
Copyright 2008 ISBN 1-932464-26-3 6" X
9" 308
pages
Many people who have a Will think that they have their
affairs in order. Should they die, then their property will go to the people
they have named in their Will. But it isn't all that simple.
1. What will
your beneficiaries inherit?
2. How will your property be transferred?
3. Can you (should you) avoid Probate?
We devoted a chapter to each of these issues. Once you read
chapters 1 though 3, you will have an understanding of what will happen to your
property should your die, with or without a Will.
Chapter 4 explains what a well drafted Will can do.
The rest of the book deals with things that a Will cannot do
and why a Will is not enough. The book explains how to:
CHAPTER 5. MANAGE YOUR PERSONAL DEBT
CHAPTER 6. LIMIT YOUR BUSINESS DEBT
CHAPTER 7. PROVIDE FOR A MINOR CHILD
PROVIDE FOR A DISABLED PERSON
CHAPTER 8. APPOINT SOMEONE TO MAKE YOUR HEALTH CARE DECISIONS
IN THE EVENT
YOU ARE TOO ILL TO DO SO
CHAPTER 9. APPOINT SOMEONE TO MANAGE YOUR FINANCES IN THE
EVENT YOU CAN'T
CHAPTER 10. A MEDICAID QUALIFYING PLAN
This chapter explains how to qualify for MEDICAID
CHAPTER 11. PROTECT THE HOMESTEAD when on MEDICAID
CHAPTER 12. WHEN TO UPDATE YOUR
ESTATE PLAN
The Medicaid Chapters (10 and 11) alone are worth the price of the book.
These Chapters are COMPREHENSIVE. They tell: what property is exempt and does
not count as an asset when applying for MEDICAID; the rights of the spouse of
someone who is receiving MEDICAID benefits; how to legally spend-down so that
the patient can qualify as quickly as possible for MEDICAID; how to protect the
homestead once a person qualifies for MEDICAID and much, more.
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