Author Archives: Site Administrator
Graduation Over? Time to Consider Legal Documents
It is wonderful to bring up the children, make sure they are educated and see that 18th birthday come along. However, it is important to recognize that many things change from a legal standpoint, according to grbj.com in “Give your graduate the gift of legal documents.” Here are recommended steps to take so parents… Read More »
Think It’s Elder Abuse? Here’s What You Need to Know
If you take those numbers for a single county in California, and multiply them across the nation, you’ll get a clear understanding of how our nation is aging and the number of vulnerable people susceptible to elder abuse in the coming years. With the growth of older adults, the risk will grow, reports Event-News… Read More »
What Does ‘Getting Your Affairs in Order’ Really Mean?
That “something” that happens that no one wants to come out and say is that you are either incapacitated by a serious illness or injury or the ultimate ‘something, ’ which is death. There are steps you can take that will help your family and loved ones, so they have the information they need… Read More »
Long-Term Care Costs and Your Estate Plan
There are many misunderstandings about long-term or nursing home care and how to plan from a financial and legal standpoint. The article “Five myths about nursing home costs and estate planning” from The Sentinel seeks to clarify the facts and dispel the myths. Some of the truths may be a little hard to hear,… Read More »
Are Inheritances Taxable?
Inheritances come in all sizes and shapes. People inherit financial accounts, real estate, jewelry and personal items. However, whatever kind of inheritance you have, you’ll want to understand exactly what, if any, taxes might be due, advises the article “Will I Pay Taxes on My Inheritance” from Orange Town News. An inheritance might have… Read More »
What is a Medicaid Annuity?
A common situation happens to many elderly people—needing long-term nursing home or assisted living care—without having the money to pay for it. These people may think about applying for Medicaid, the joint federal-state program that offers health coverage to eligible low-income seniors, but because they have a little too much money to qualify, they… Read More »
What Does an Elder Law Attorney Really Do?
A knowledgeable elder law attorney will make certain that he represents the best interests of his senior client in a variety of situations that usually occur in an elderly person’s life. So, while an elder care attorney will be very knowledgeable about several different areas of the law, an elder law attorney will stand… Read More »
Co-Executors: Is it Wise to Name Three Grown Children?
Is it a good idea to have your three grown children listed as co-executors of your will? This may get somewhat confusing when probating a will, if there are multiple executors. What are the pros and cons to choosing one child to act as your executor, instead of selecting all three of your children… Read More »
What Do I Tell My Kids About Their Inheritance?
For some parents, it can be difficult to discuss family wealth with their children. You may worry that when your kid learns they’re going to inherit a chunk of money, they’ll drop out of college and devote all their time to their tan. Kiplinger’s recent article, “To Prepare Your Heirs for Future Wealth, Don’t… Read More »
What the Elder Law Attorney Needs to Know
If you went to a doctor’s office and did not tell the doctor what your symptoms were, it would be hard to get a good diagnosis and treatment. The same goes for a visit to the elder law estate planning attorney. Without all the necessary facts, advises the Times Herald-Record in the article “What… Read More »