Terry Savage: Estate planning for all

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Terry Savage: Estate planning for all
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People tend to avoid the discussion of estate planning because no one likes to think about their mortality, writes Terry Savage. Plus, there’s the presumption that only the wealthy have an “estate” that needs planning.

People tend to avoid the discussion of estate planning because no one likes to think about their mortality. Plus, there’s the presumption that only the wealthy have an “estate” that needs planning.

That leaves a big gap for many families with more moderate incomes and assets. Their savings could disappear in a flash if they need full-time care. Family members often provide help. But there’s another way to get both care and peace of mind: using a specialist lawyer to pre-arrange your assets.Medicaid is a federal/state program, administered by each state with its own regulations.

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