Tag: estate planning basics
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For Passing a Home Along, Is My Will Enough?
A will can be enough to distribute a simple estate after you’re gone. In many people’s lives, a deed is the key asset. It can be passed along to your chosen beneficiary through a will. And no matter what other instruments you might use, you absolutely do need a will. In short, the will can…
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When Assisted Living Is the Way Forward: Protecting a Home for the Community Spouse
What happens when one spouse moves into assisted living, and the other spouse stays in the couple’s home? The official word used to describe the spouse living at home is community spouse. That’s the spouse who lives “in the community” while the other enters assisted living. The spouse in assisted living may need to tap…
