Understanding the Differences Between Medicaid Crisis Planning and Long-Term Care Planning

Medicaid Crisis Planning and Long-Term Planning Care are not one and the same. Often, these two terms are used interchangeably, which can be very misleading to anyone who doesn’t understand the first thing about either term. In this blog, we will clarify the various differences between the two so that you can discern for yourself what you need for your situation. What is Medicaid? Medicaid is the joint federal Read More

What is a Durable Power of Attorney?

An important part of estate planning is recognizing the possibility that you may become incapacitated at any moment, and to plan for substitute decision-making. For most people, the durable power of attorney is the most important estate planning instrument available—even more useful than a Will. A power of attorney allows you to appoint your "agent" to act in your place if/when you ever become incapacitated. In Read More

Uses of Trusts

There are various reasons for setting up a trust. Some of these reasons are: To avoid probate. To avoid death taxes. To protect property from creditors. To protect property from Medicaid. To specify when and under what conditions a beneficiary gets to use the trust property. Types of Trusts Trusts fall into two basic categories: testamentary and inter vivos. A testamentary trust is created Read More

What is a Will?

What is a Will? A Will is a legal document that helps your executor to put your affairs in order at the time of your death. It allows you to express your intentions regarding your estate (your home, money, and other assets). Your Will identifies who will handle your estate (your “executor”), to whom your assets will be distributed (your “beneficiaries”), and who will serve as guardian of your minor children. If Read More

Medicaid Protections For The Healthy Spouse

Medicaid laws provide special protections for the spouse of a nursing home resident to make sure he or she has the minimum support needed to continue to live in the community. In Medicaid jargon, the healthy spouse is known as the “community spouse.” The so-called “spousal protections” work this way: if the Medicaid applicant is married, the countable assets of both the community spouse and the nursing home spouse Read More

Medicaid and Transfer of Assets

Medicaid and Transfer of Assets Congress has established a period of ineligibility for Medicaid for those individuals who transfer assets during the five year “look back” period. While the look back period determines what transfers will be penalized, the length of the penalty depends on the amount transferred. The penalty period is determined by dividing the amount transferred by the average monthly cost of Read More

VA Aid and Attendance Insider Tips

When it comes to understanding the benefits you or a loved one may be eligible for as a veteran, it's easy to get confused or get the wrong information.  Aid and Attendance is available to a veteran (or their surviving spouse) who is disabled and has the additional requirement of needing the assistance of another person in order to avoid the hazards of his or her daily environment (for example, the veteran needs Read More

Welcome to our new website!

Thank you for visiting our new website! We are here to provide you with not only excellent services, but also with a wealth of information to help you better understand the details of elder law. We treat each one of our clients like family and take each issue to heart.  Take a look around and if you have further questions, please give us a call or fill out our contact form here.  Read More