A last will and testament is, without question, a powerful document. Besides giving you the ability to distribute your estate, choose your heirs and appoint guardianship, a last will and testament also lets you give your most precious belongings to your favorite people. But a will is not an estate plan, though it may be Read more about Your Will Won’t Protect Your Loved Ones From Predators And Creditors[…]
No one likes to think about the prospect of having to face a sudden, debilitating medical crisis. The very term “medical crisis” almost implies the unexpected nature of such events. I suggest to my clients that they think about the prospect of a medical crisis in the same way you think of having an emergency Read more about Every Adult Has The Right To Prepare For An Unexpected Medical Crisis[…]
What is your biggest fear? It has recently been said that the fear of death has been replaced by the fear of outliving one’s money. According to a Transamerica Corporation survey, 51% of respondents said their greatest retirement fear was outliving their savings. The second greatest fear is one that’s out of our control: Social Read more about Retirees Four Greatest Fears[…]
Long-Term Care Costs Can Wipe Out Your Assets As a practicing, Elder Law and Estate Planning attorney, I meet hundreds of people each year. One of the most frequently asked questions I hear is, “How can I protect my assets from the government and long-term care costs?” In order to answer that question for you Read more about Don’t Let The Government and Long-Term Care Costs Eat Up All Your Assets[…]
The middle class in this country is shrinking rapidly. For those remaining in this declining middle class, it requires every bit of intellect and wisdom to hold onto the hard-earned money you’ve worked for your entire life. If a tragic accident or illness were to unexpectedly occur, all of your assets could be wiped out Read more about The Importance Of Medicaid Planning For Middle Class And Lower Income Clients[…]
Understanding Elder Care Law: What is an Elder Law Attorney? Many people are not aware of this relatively new area of the law created to specifically serve the needs of the elderly and disabled as well as their families. Elder Care Law emerged due to our prolonged life expectancy. Because we humans are living longer, Read more about Understanding The Purpose Of Elder Care Law[…]
I have always loved making plans. Ever since I was a kid, I would help my mother plan the weekly grocery list. I loved planning menus for dinner. I loved planning goals throughout high school and college and then my life’s goals. Anyone who knows me knows I’m a planner. The advantages of planning are Read more about Make A Plan To Protect Your Assets Sooner Rather Than Later[…]
If you have Medicaid coverage for nursing home care, there is a chance that the state may file a claim to take monies form the value of your house after you pass away. To protect your house after moving into a nursing home, you should take the necessary measures to secure your home and protect Read more about How to Protect Your House After You Move Into a Nursing Home[…]
If you have an elderly parent or family member who needs long-term care, you understand that it can be very expensive. According to Care.com (https://www.care.com/c/stories/10237/cost-of-senior-care/) , the average cost for nursing home care can range from $6,000 even up to $16,000 a month in Florida and Maryland. In most cases, neither the parent or adult Read more about How to Reduce Nursing Home Costs[…]
If your family member is getting older and seems to be at risk for injuries and falls, it’s imperative to look into alternative health care for them. Of course, there are programs that will assist your loved ones who need 24-hour nursing care. If you’re in a position that gives you the authority to make Read more about How to Avoid the Costs of Long-Term and Nursing Home Care[…]