Blog
Keeping Your Estate Plan Flexible
Planning your bequests around specific assets, specifically assets that avoid probate by transferring on death, can present dilemmas both during your life and for your beneficiaries after your passing. A better alternative would be to create an estate plan that gives...
Signs of Elderly Depression
Depression is a serious condition that can often require treatment by a medical professional. It is not a condition that people can necessarily snap out of. Depression is also not just normal feelings of sadness. It is perfectly normal to be sad for up to a few days...
April is Parkinson’s Awareness Month
Parkinson’s disease is a chronic disorder that affects an individual’s movements. As a chronic condition, symptoms continue, and can worsen, over time. The cause of Parkinson’s disease has yet to be determined. While there is not yet a cure for the disease, treatments...
Avoiding Tax Fraud Schemes
The IRS recently released its list of “Dirty Dozen” tax scams to look out for this tax season. Of particular note to individuals are warnings about communications that purport to be from the IRS, but are actually from scam artists looking to steal personal...
Elder Planning for the Childless
Childless individuals and couples have unique planning concerns and circumstances that do not necessarily fit in with the typical estate plan. Without children, there is less of a need to preserve assets for future generations. Childless couples have increased...
Pitfalls of Medicaid Transfers
If you are considering the possibility of nursing home care in the near future, you may have heard of the concept of reducing your assets to qualify for Medicaid benefits. The process of reducing one’s assets to qualify for Medicaid carries significant risks that...
Dangers of Forced Arbitration in Nursing Home Contracts
Nursing home admissions contracts are increasingly including clauses that would force any legal dispute involving nursing home care to go to arbitration instead of through the court system. There are a number of reasons why increased arbitration is a dangerous trend....
When to Update Your Estate Plan
It is important to periodically review your estate documents, such as wills and trusts, to make sure that they still reflect your wishes and current circumstances. One change that should cause a revision of your estate documents is if the planned executor of your...
Disabled Military Child Protection Act
The recent passage of the Military Child Protection Act gives service members and veterans an additional tool to provide for their disabled children through their Survivor Benefit Plans. The Disabled Military Child Protection Act allows certain types of special needs...
Long-Term Care Insurance
Long-term care insurance can be an effective tool to help pay for daily care in the event of a long-term illness or disability, but not all plans provide adequate coverage and may not be worth the premiums paid in over time. What is Long-Term Care Insurance? Long-term...