Put Your Parents in Your Will?
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This article discusses when it might be appropriate to include your parents or grandparents in your will or living trust – generally when you are providing support for them. In most cases, funds should be held in trust for the elder relatives, to protect the assets and preserve Medicaid eligibility.
Note: The article is written by a Canadian lawyer, so it contains a reference to Canadian governmental benefits. Otherwise it is applicable to U.S. residents.
