Pay for Your Debts at Death
If you are concerned about incurring debt after a family member’s death or are worried how your own debt will impact your family, here are some things you should know.
December 30, 2020
How to Balance Homeownership and Medicaid
Many people work hard to acquire real estate and then later find that that real estate makes them ineligible for Medicaid to help pay for nursing home or in-home, long-term care.
December 17, 2020
Planning Is Different for a Child with Special Needs
It is critical that parents and grandparents give careful thought to any gift of money or bequest in an estate plan, when the recipient has special needs.
December 16, 2020
There is a Difference Between Alzheimer’s and Dementia
While symptoms of Alzheimer’s and dementia do overlap, they should be treated as separate entities to best address the conditions medically.
December 10, 2020
Keeping Your Medicare Premiums Low
This fall, older savers who are feeling generous may want to consider using their individual retirement account to help fund their favorite charities.
November 18, 2020
Different Types of Special Needs Trusts
If you are the parent of a person with special needs, you are well aware that the role you play is very different than it may be for other children. Properly planning to meet their financial needs, both in the immediate and long term, is a critical part of supporting your child. This support must often continue well past the typical age of adulthood, which means parents need to put in place financial tools to care for their children, in the event of the parents’ death.
November 17, 2020
Special Needs Plans Need Regular Reviews
Estate planning generally focuses primarily on lifetime protection and post-death distribution of assets. Special needs planning focuses primarily on the individual beneficiary’s lifestyle and care needs.
November 16, 2020
Prepare for the Impact of Dementia
It is estimated that by 2040, the number of Americans living with Alzheimer’s, dementia or other cognitive disorders is expected to double to close to 12 million due to the aging population, according to a recent study by RBC Wealth Management and Aon.
November 10, 2020
What Medicare Doesn’t Cover
It’s important to understand that Medicare Part A and Part B leave some pretty significant gaps in your health-care coverage.
November 2, 2020
When Do We Need an Elder Law Attorney?
Consult an elder care lawyer preemptively, to avoid making a panicked phone call in the moment.
October 16, 2020