South Florida Law’s elder law practice area helps families protect their savings, home and other assets from being liquidated to pay for long term care / nursery home costs. This includes restructuring assets in preparation for Medicare applications and avoiding the Medicaid Estate Recovery Program.
Reduce Inheritance Taxes with a Generation-Skipping Trust
For families with a high net worth, inheritance and estate planning can be complex. Fortunately, with the assistance of a knowledgeable estate planning attorney, there are a number of ways for these families to provide a financial legacy for descendants in a tax-advantageous way. One such estate planning tool is a generation-skipping trust (GST). When [...]