Avoid This Common Mistake That Can Erase Lifetime Legacies
Most people do not have estate plans, but many of those that do have been quite diligent. They have a will or a trust that will facilitate asset transfers after they are gone, and they have a living will and durable powers of attorney to account for possible incapacity. If you have taken these steps, […]
Alzheimer’s Looms Large for Seniors
As estate planning attorneys, the specter of Alzheimer’s Disease looms in our minds. How can we plan for the steady progression of this disease? What if a client becomes incapacitated? Will we lose a person who is both a client and a friend? Most people have at least heard of Alzheimer’s, but how much do […]
Will Medicaid Want Your Home?
Today let’s explore the interplay between Medicaid and home ownership. Medicaid may not seem relevant; after all, you’ll probably qualify for Medicare when you reach the age of 65. Although we understand this impulse, let’s consider how you might use Medicaid as part of an estate plan. We’ll also take a look at Medicaid reimbursement, […]
Does Medicare Cover Nursing Home Care?
You probably feel a sense of confidence about your health care insurance situation during your senior years. Medicare will be a solid source coverage, but there are out-of-pocket expenses that you have to cover yourself. These would include premiums, deductibles, and co-insurance, but if you plan ahead for retirement effectively, they should be manageable. However, […]