Elder Law
Should We Have an ABLE Account or a Special Needs Trust?
As government programs do not cover all expenditures related to these categories, ABLE accounts can be used to pay for shortfalls.
September 9, 2022
Estate Planning
Should I Use a Special Needs Trust?
A special needs trust is a popular strategy for those who want to help someone in need without risking that the person will lose their eligibility for programs that require their income or assets to remain below a certain limit.
August 25, 2022
Elder Law
Should You Update Your Estate Plan?
Frequent triggers also include changes in the health of executors and guardians; changes in laws, which may impact tax and legal strategies; and changes in state residence, which can also impact planning.
June 3, 2022
Estate Planning
Special Needs Planning
Estate planning should always be customized to each individual creating a plan. This is particularly important when planning for beneficiaries with disabilities.
May 16, 2022
Estate Planning
How Do I Set Up an Estate Plan to Help Grandchild with Special Needs?
Estate planning is not a requirement. No one can force you to make your will, create a power of attorney or to own your property in a way to avoid probate. As a result, people too often let common estate planning excuses stand in their way.
March 24, 2022
ALTCs
What Do Elder Law Attorneys Do?
Elder law attorneys can help with a long list of legal matters that seniors often face…
November 19, 2021
Business Succession
What Are The Steps To Cancel A Power Of Attorney?
You don’t actually appoint someone power of attorney (POA). A POA is a document that you execute that allows someone to act on your behalf.
April 27, 2021
ALTCs
Should I Worry about Medicaid Estate Recovery?
Medicare is designed to help pay for healthcare costs for seniors once they turn 65. While it covers a number of healthcare expenses, it doesn’t apply to costs associated with long-term care in a nursing home.
March 18, 2021
Alzheimer's Disease
What Did Hollywood Producer Steve Bing’s Estate Plan Look Like?
Steve Bing — who inherited $600 million from his real estate developer grandfather at the age of 18 — only had about $300,000 left to his name at his death, leaving him relatively broke.
December 3, 2020
ALTCs
What are My Housing Options as a Senior?
Retirement brings with it many changes. Your income may be reduced, and your lifestyle may evolve as well. The big house where you raised kids may no longer fit your needs or your budget.
November 14, 2020