Having a loved one with dementia can be scary, but if you add in a firearm, it can also get dangerous. To prevent harm to both the individual with dementia and others, it is important to plan ahead for how…
A recent New Jersey appeals court case demonstrates how important it is for families to come up with a long-term care plan before an emergency strikes. The case involves two brothers who got into a fight over whether to place…
A lesson learned in Pennsylvania declares immediate annuities must still meet a number of stringent requirements to be accepted as legitimate by Medicaid authorities. Families considering them should get help from a qualified elder law attorney, such as Linda Strohschein and her team at Strohschein Law Group. This is an FYI for you to think about what long term care planning can put in place for you before you transfer assets to afford it. Call us today (630) 377-3241
One of the incentives to buying a long-term care insurance policy is that the premiums are tax deductible. Unfortunately, many people are not taking advantage of this deduction.
The cost of long term care is more than just financial. Our aging loved ones face the challenge of change and the caregivers add more to their plate of responsibility. To lessen financial and emotional stress, Strohschein Law Group can help you maximize private assets, increase access to public benefits, and ultimately enhance quality of life for everyone involved. We can help, we do this everyday for our clients.
The nation’s elderly and disabled Social Security recipients will receive a 1.7 percent increase in payments in 2015.
The new rules are an effort to strengthen the federal Home Equity Conversion Mortgage (HECM) program, which insures almost all reverse mortgages and which has seen default rates rise.
A will serves as the basis of your estate plan. Most people understand the importance of having a will. However, a will is a document that becomes effective when you die. What happens if during your lifetime you become disabled…
Families hoping to use Medicaid to help pay for long-term care are facing tougher restrictions—though some states are getting stricter than others.