"Have you ever considered the advantages of creating a living trust? In order to help readers protect themselves from both probate and long-term care, Farr delves into the many details one should know when setting up a living trust. He also outlines his Living Trust Plus Asset Protection Trust, which is the only type of self-settled asset protection trust that allows a settler to avoid probate and retain an interest in the trust while also protecting the assets from being counted by state Medicaid agencies. His chapters detail the many subjects involved in the process of avoiding probate and securing assets, including: Joint ownership problems; Special needs planning; How to pay for the nursing home; Why Medicaid planning is ethical; The ten most common Medicaid myths; Finding the right lawyer"--Page 4 of cover

Problem of probate -- Problem of long-term care -- Are wills the solution? -- Joint ownership problems -- Problems with beneficiary designations -- Estate and incapacity planning -- Special needs planning -- What is a nursing home? -- What is long-term care? -- Discrimination against chronic illnesses -- Caregiver's role -- Selecting a facility -- Nursing home evaluation tool -- How to pay for nursing home care -- What does Medicare cover? -- Why Medicaid planning is ethical -- Long-term care insurance -- Veterans aid and attendance -- Medicaid basics -- Ten most common Medicaid myths -- Preneed Medicaid planning -- Frequently asked questions about Medicaid -- Medicaid asset protection basics -- Real-life case studies -- Medicaid crisis planning -- Finding the right lawyer