Elder Law Practice Blog
Learn About Nursing Homes, Medicaid, And How To Protect Your Loved Ones Assets
Trying to Do Everything in Mom’s Time of Need
Trying the Do Everything Option This is the second scenario regarding how Family Caregivers respond to the needs of their declining parent. Last week we discussed Adam’s method, which was doing nothing. Today we discuss Beth, who takes the polar opposite approach....
Alzheimer’s Planning at Different Stages
Alzheimer's Planning is not something that any of us want to think about. Alzheimer’s is a cruel disease. The Alzheimer’s Association estimates that 6 million Americans are living with Alzheimer’s Disease. Another statistic they have shared with us is that 11 million...
Facility vs. Faculty – Making Your Choice
You Get To Choose! Facility of faculty? Many of our readers caught my boo-boo in a recent edition of our caregiver newsletter, Caregiver Connection. This was not the first or only boo-boo that I have ever made. It was, however, the first one that I made on that...
Medicare vs. Medicaid
As we all inch closer and closer to the benchmark of age 65 and start thinking of things like Medicare, Medicare Supplements, Medicare Advantage Plans, Medicaid and a few "medi’s" that I’m probably omitting. It’s no wonder that we are confused! Whoever was in charge...
Disabled from Birth: How to Secure His Future
Worried About a Disabled Child - Even After You Go to a Nursing Home! John & Mary Sample (our fictional heroes for today) live in Central Arkansas. They are now in their mid-70s and they just celebrated their 50th anniversary. The Samples have been blessed with...
Pivot Planning – When You’re Caught Off-Guard
What Will You Do When? We see the need for Pivot Planning all the time. Mom or Dad is enjoying their retirement and things are well with the family. Then one of them suffers an unexpected health event. Everyone is caught off guard and no one knows what to do. But...
Assisted Living vs. Nursing Home
Choosing the Right Fit! Last week I had a brief conversation with one of my Senior friends who was choosing to move to an Assisted Living Facility. We are seeing an ever increasing number of Seniors who opt to live in Assisted Living Facilities for various reasons....
Beneficiary Designations | Who Gets $100k?
Who inherits $100k, Margie or Suzie Que? Beneficiary designations. Beneficiaries are those you designate to receive the proceeds of various financial accounts at your death. You can name beneficiaries of your life insurance policies, IRA’s 401(k)’s, checking, savings,...
Beneficiary Deed | CAUTION NEEDED!
Be Very Careful! It sounds almost too good to be true! A Beneficiary Deed is a legal document that passes title to your named beneficiary upon your death automatically without probate. It works a lot like a POD (Payable On Death) account that you may have at your...