Life estates can be an excellent tool for Medicaid planning, probate avoidance and tax efficiency, but there are potential problems to look out for. Knowing the implications and risks of a life estate is essential in determining whether it is appropriate for your situation.
In a life Continue reading
Making sure your end-of-life wishes are followed no matter where you happen to be is important. If you move to a different state or split your time between one or more states, you should make sure your advance directive is valid in all the states you frequent. Many people think advance Continue reading
Britney Spears’s legal fight to wrest back control over her personal and financial affairs has flooded the issue of guardianship in Klieg lights. While a full guardianship may be necessary for many individuals who are incapable of managing their own affairs due to dementia or intellectual, Continue reading
President Biden has introduced a plan to spend $400 billion over eight years on home and community-based care for the elderly and people with disabilities. The money would go to expand access to care and support higher-paying caregiving jobs.
As the elderly population grows, our Continue reading
Many websites offer customized, do-it-yourself Wills and other Estate planning documents. Although such products are convenient, using them could create SERIOUS and EXPENSIVE legal problems for heirs. These digital services appear to offer a cost-effective and easy alternative to Continue reading
While a Will is one of the most important Estate Planning documents you can have, there are things that it won’t cover. A Will is just one part of a comprehensive Estate Plan. A Will is a legally-binding statement directing who will receive your property at your death. It is also Continue reading
It is Elder Law Month! In honor of elder law month, there will be elder related posts all month long! In today’s post we will be discussing long-term care and what you and family members need to know about it. Long-term care is the care you need if you can’t perform daily activities Continue reading
This year has flown by! We are in the month of October, which happens to be Special Needs Law Month, and National Disability Employment Awareness Month. Throughout the month, our goal is to share tips and tools that will be beneficial to those with special needs, their loved ones, Continue reading
September is World Alzheimer’s Month, so throughout the month, we’re talking about Alzheimer’s & Dementia. Did you know there is a difference between Alzheimer’s and Dementia? A lot of people use these interchangeably but they are actually not the same thing. This is a very important Continue reading
It’s still Elder Law month, so we are going to talk about another Elder Law related topic. Last week we talked about why you should consider a long-term care insurance policy sooner rather than later, because the earlier you address the need, the easier it is to meet it and pay for Continue reading
