Integrating Irrevocable Trust into Medicaid Planning
Explore the pros and cons of using irrevocable trusts for Medicaid planning—secure assets while navigating complex eligibility rules.
June 24, 2024
Alternatives to Avoid Guardianship as You Age
This article discusses the need for protection as we age, what guardianship is and how powers of attorney (POAs) are alternative estate planning strategies that give you more control.
May 15, 2024
The Estate of The Union Season 3|Episode 4 is out now!
The Estate of The Union Season 3|Episode 4 is out now! It surprises some people to discover that the mortality rate in Texas and the
April 30, 2024
Essential steps for Gen Xers caring for Aging Parents
Many Generation Xers are in a unique position, “sandwiched” between raising their children and caring for aging parents. A proactive estate plan can help alleviate financial burdens and smooth aging parents’ path into retirement for both generations.
April 15, 2024
Cognitive Decline is Overlooked in Estate Planning
We explore the critical importance of addressing cognitive decline in estate planning to safeguard assets and ensure intended inheritance.
April 3, 2024
Tips to protect Seniors from Guardianship Abuse
Elder law attorneys see firsthand the complexities and potential pitfalls of guardianship arrangements. The recent investigation into guardianship practices in Florida, as reported by the Washington Post, underscores the urgent need for vigilance and reform in this area. While guardianships are designed to protect the vulnerable, they can sometimes lead to significant abuses, including forced isolation and financial exploitation. This article aims to shed light on the complexities of the guardianship system, expose issues related to guardian-inflicted elder abuse and provide practical advice for avoiding guardianship by planning before becoming incapacitated. What Is Guardianship?…
December 12, 2023
Selling the Family Home when a Loved One needs Nursing Care
Selling a home when a loved one decides to move into an assisted living facility can present some emotional aspects that will not necessarily be present when selling one’s own home.
November 28, 2023
The Difference Between Guardianship and Power of Attorney
Navigating the intricate landscape of elder law can be daunting, especially when faced with the decision between guardianship and power of attorney for elderly parents. This article sheds light on the difference between guardianship and power of attorney, providing clarity on which approach might be the best fit for your family’s unique situation. What Exactly Is a Power of Attorney? A power of attorney is a legal document that empowers an individual, often referred to as the agent; or attorney-in-fact; to act on behalf of another, known as the principal.
November 27, 2023
Consider using a Trust Be for Long-Term Care
They may wish they had applied for long-term-care insurance when they were healthy enough to pass the medical underwriting standards.
November 20, 2023
You Need Two Kinds of Power of Attorney Documents
Power of Attorney documents are often an afterthought when someone thinks about their estate plan.
November 7, 2023