Viewing posts from July, 2014
A Ladybird Deed is a deed whereby you, as Grantor, convey your property to yourself for your lifetime by the granting of an enhanced life estate, and then you can choose the beneficiary of your property after your death. When a Ladybird Deed is used, you can choose to transfer your property to your trust or to one or more individuals, upon your death. The creation of an enhanced life estate has the benefit of allowing you as the original owner, or Grantor, to sell or mortgage or otherwise encumber your property during your lifetime. You therefore ...Read more...
Many of us have now heard of or formed opinions on the roll out of the Patient Protection and Affordable Care Act, commonly known as ObamaCare. Doubt has been cast over the benefits of ObamaCare, particularly among those in the community who had to purchase an ObamaCare health care plan earlier this year. However, many people are not aware of one of the important aspects of ObamaCare , namely the creation of the Medicare Shared Savings Program (MSSP) which promotes the integration of general practitioners, specialists and a hospital into an “organized system of care” or “accountable care organization” ...Read more...