When can a person make a valid will, trust, or other planning documents? Generally speaking, a person need only know their potential beneficiaries, knowledge of their property, and the ability to make and understand a plan for the distribution of their property. These...
The US House of Representatives recently passed the Special Needs Trust Fairness and Medicaid Improvement Act by a vote of 382 to 22. The bill now goes to the Senate, which earlier passed a similar bill, but was different enough that the new bill will have to win...
Medicaid coverage for long term care can be a great help in paying for in-home care or a place in a care facility, but the qualification and application process can be complicated and presents dangers to be avoided. In general, Medicaid provides coverage for in-home...
ABLE accounts are a new tool to help disabled individuals receive support while still maintaining eligibility for government benefits. ABLE accounts derive their name from the federal Achieving a Better Life Experience Act enacted in December 2014. As of September...
Funerals can be expensive. Once someone has died, the surviving loved ones can feel pressured to overpay for elaborate services as a way to show respect for the deceased, even if the loved one may have preferred a simpler service. Having to plan a funeral in the...
For some families, when a relative needs in-home care, an available adult family member may be an attractive option to act as a caregiver. In order to act as caregiver, however, the adult family member may have to forgo their own employment opportunities and possibly...
