Many parents or grandparents with sizable amounts of money to pass on to their heirs are apprehensive about the effect it many have on their children or grandchildren. In some instances, they fear that the recipients will misspend the funds…
Acting as an agent under a power of attorney is a big responsibility and it isn’t something everyone can take on. It is possible to resign or refuse the position. There are two main types of powers of attorney –…
Overwhelmed by the stress of long hours, low pay and exposure to the COVID-19 virus, nursing home workers are quitting in record numbers. The labor hemorrhage has turned what was already a chronic staffing problem into a full-blown crisis in…
If you are single, you may not think you need to plan your estate, but single people are in as much need of a plan as anyone else. Estate planning not only involves determining where your assets will go when…
Elder law and estate planning serve two different — but equally vital — functions. The main difference is that elder law is focused on preserving your assets during your lifetime, while estate planning concentrates on what happens to your assets…
When applying for Medicaid’s long-term care coverage, in addition to the strict income and asset limits, you must demonstrate that you need a level of care typically provided in a nursing home. Whether you are applying for nursing home coverage…
Certain eligibility requirements, such as a valid discharge, at least one day of service during a war time period, and 90 days of consecutive active duty are needed to qualify for a Veteran’s pension benefit. Benefits can be available for…
Many companies sell online forms, such as powers of attorney, wills, and trusts you can download and execute yourself. Creating these “fill-in-the-blank” forms online is only appropriate in limited circumstances. If you have assets or loved ones, online forms or…
Many clients ask about doing their own Will online and most clients think their estate plan needs are “simple.” Since we rarely see a truly “simple” plan, we created this comparison to show some of the differences between do-it-yourself, fill-in-the-blank…
Being able to make health care decisions for ourselves is so important to us, but what happens if you become incapacitated and are unable to voice your opinion? If you don’t have a health care proxy or guardian in place,…