Author Archives: Site Administrator
Can You Protect Your Home If You Need Medicaid?
Anyone who owns a home, whether a magnificent mansion or a modest ranch, worries about the possibility of losing the home because of long-term care. How can they keep the home for their spouse or even for their family, if they need to apply to Medicaid for long-term nursing care costs? The problem, reports… Read More »
Are You Considering the Impact of Your Estate Plan on your Heirs?
When thinking about an estate plan, the top priority is usually devising strategies on how to transfer assets to heirs. It’s rare that a person really considers the consequences for the beneficiaries. Kiplinger’s recent article asks, “Are You Forcing Unintended Consequences on Your Heirs?” An estate plan should bring about a positive outcome. However,… Read More »
What to Look for When Comparing Assisted Living Centers
Whether you are evaluating assisted living centers for yourself or your loved one, it can help to know what questions to ask. After you look at the websites and visit several facilities, the details can get overwhelming. If you prepare a checklist, you can organize your thoughts and have more confidence in your decision…. Read More »
Why an Attorney Should Help with a Medicaid Application
Elder law attorneys can be very helpful when planning for Medicaid coverage, and they can save money in the long run, ensuring that you (or a loved one) get the best care. Instead of waiting to see how wrong the process can get, says The Middletown Press, it’s best to “Use a lawyer for… Read More »
The Difference Between Home Health and Home Care
Many people use the terms “home care” and “home health” interchangeably, which can cause confusion when you try to find funding for these services. This article will try to help you understand the difference between home health and home care. Home Care Home care goes by a variety of names, including “aging in place,… Read More »
What Is a Bypass Trust?
Creating an estate plan is an essential part of managing wealth. This is especially true, if you’re married and want to leave assets to your spouse. Understanding how a bypass trust works will help your planning, says KAKE.com’s recent article, “How a Bypass Trust Works in an Estate Plan.” A bypass trust, or AB… Read More »
Preparing for the Legal and Medical Aspects of End-of-Life
Planning for the end-of-life transition is something most people still avoid as a difficult topic. It’s true: for many people this topic is just too sad and scary to talk about, says Flagstaff Business News in the article “Easing the End-of-Life Transition with Advance Care Planning.” However, planning for one’s death is a kindness… Read More »
Your Estate Plan Decides or the State Decides
It’s something that everyone needs, but often gets overlooked. Estate planning makes some people downright uncomfortable. There’s no law that says you must have an estate plan—just laws that will impact how your property is distributed and who will raise your children, if you don’t have a will. Planning is important, says WMUR 9… Read More »
Can I Insulate My Will From Challenges After I’m Gone?
When the details of a will are announced, “bad blood” can continue to boil between estranged family members, who won’t even speak to one another. Wealth Advisor’s recent article, “How to Protect Your Will From Legal Challenges, ” explains that unfortunately, a similar scene can also play out in real life, if you fail… Read More »
Second Time Down the Aisle? Make Sure Estate Plan Is Ready
It’s always a good idea to review your estate plan, especially when a major life event, like a second marriage, is taking place. The use of a pre-nuptial agreements gives prospective spouses the opportunity to discuss one another’s rights of inheritance, and clarify a great many issues, says nwi.com in the article “Estate Planning:… Read More »