Stuff in the ‘inheritance’ Category
Receiving an Inheritance While on Medicaid
For most people, receiving an inheritance is something good, but for a nursing home resident on Medicaid, or those who rely on Medicaid as their primary form of insurance, an inheritance may not be such welcome news. Medicaid has strict income and resource limits, so an inheritance can make a Medicaid recipient ineligible for Medicaid. […]READ POST »
The pros and cons of trusts
Some people leave behind assets and possessions to others when creating a will while others also use trusts for estate planning. Missouri residents might like to know about some of the reasons for and against using a trust. Trusts help a benefactor plan for how an estate will be distributed in terms of property and […]READ POST »
Court battles may loom over Whitney Houston’s estate
Missouri readers may have heard that Bobbi Kristina Brown died on July 26, six months after being found unconscious in a bathtub in her Georgia home. Her death means that the millions of dollars she was set to inherit from her late mother, Whitney Houston, are now at stake. According to media reports, the inheritance […]READ POST »
