Take care managing ABLE Account Expenses
ABLE accounts are a way for people with disabilities to save and spend money, while protecting their access to public benefits.
April 4, 2022
Do You Need an Attorney for Probate?
A competent elder law or estate attorney can discuss and use, where appropriate, such provisions as the family exemption, benefits to prepaying inheritance tax, even where the tax return is not yet complete and a listing of itemized deductions.
March 10, 2022
Medicaid Annuity might be an Option
For couples who face depleting their own assets, using a Medicaid-compliant annuity could be a way to preserve assets and still qualify for Medicaid.
March 7, 2022
Debt doesn’t Disappear when Someone Dies
Adult children typically don’t have to pay their parents’ bills. However, there are exceptions. Even when a child doesn’t have to pay directly, debt could reduce what they inherit.
March 4, 2022
Naming Power of Attorney is extremely important
These agents take over your affairs in specific areas, if you become physically or mentally incapacitated.
March 3, 2022
What a Will Can and Cannot Do
A will allows you to distribute your worldly goods, select a guardian for minor children and name an executor to carry out your wishes.
January 20, 2022
Restructure Assets to Qualify for Medicaid
Several types of special income trusts and other strategies can be helpful, when trying to protect your family’s assets from the devastating costs of long-term care.
December 29, 2021
Divert Assets to maintain Medicaid Eligibility
Several types of special income trusts and other strategies can be helpful when trying to protect your family’s assets from the devastating costs of long-term care.
December 8, 2021
When should You Consult an Elder Law Attorney?
Here’s what you need to consider, when looking to hire an elder law attorney.
December 7, 2021
Include Special Needs Child in Retirement Planning
As parents of children with special needs age, they should revisit the decisions they made—sometimes many years ago—regarding guardianship, beneficiarie, and other aspects of their child’s care.
November 16, 2021