Elder Law, Estate Planning
Estate planning is often seen as a one-time task that can be filed away until one’s death. However, without being aware of the potential impact, people will make gifts during their lifetime or change listed beneficiaries on accounts which can have enormous...
Elder Law, Estate Planning
There will be an increasing number of baby boomers in their golden years who will need additional care. Some may be able to get the care they need at home from a family member or in the form of hired help. Many will need to move into long-term care facilities, such as...
Elder Law, Estate Planning
Many family circumstances can increase the risk of probate litigation. In the end, there are two fundamental causes: families disagree about how to deal with an incapacitated relative or, after death, disagree over how to dissolve an estate. High-risk factors that...
Elder Law, Estate Planning
Nursing homes, assisted living, in-home care, and adult foster care are eligible to receive federal assistance through the Medicaid program if they meet the income and asset requirements. As a result of these rules, many candidates give away their money and resources...
Elder Law, Estate Planning
A comparison of estate planning and elder law shows some overlap while both provide important protection for you and your family. The two terms tend to go hand in hand, but there are some differences. The biggest difference is that elder law planning helps a person...
Elder Law, Estate Planning
It is impossible to avoid sibling rivalry in most families. Old rivalries from the past can be exacerbated when a parent passes away, depending on the dynamics between the family members. Adult children who are emotionally upset and in the unfamiliar territory of an...