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Elder Law & Estate Planning Blog

Plain-language articles on elder law and estate planning topics for Hudson Valley families.

Leaving Assets in a Beneficiary Controlled Trust (BCT) Offers Important Protections for Your Heirs
Estate Planning3 min read

Leaving Assets in a Beneficiary Controlled Trust (BCT) Offers Important Protections for Your Heirs

A standard will or trust alone often fails to protect your children from predators, creditors, or unnecessary taxation. A Beneficiary Controlled Trust may be the solution.

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Preserving Assets: The Value of Using Irrevocable Trusts in Medicaid Planning
Medicaid Planning3 min read

Preserving Assets: The Value of Using Irrevocable Trusts in Medicaid Planning

Outright gifting may seem simpler, but it forfeits important protections. Here is why gifting through an irrevocable trust is almost always the better approach in Medicaid planning.

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What Is a Medicaid Asset Protection Trust?
Medicaid Planning3 min read

What Is a Medicaid Asset Protection Trust?

A Medicaid Asset Protection Trust (MAPT) is one of the most powerful tools available for protecting your home and savings from nursing home costs. Learn how it works and who should consider one.

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