People with many different relationships can want to help a ward or vulnerable person. Parents, both biological and adoptive, serve as the legal guardian for their children while they are still young. Adults with special needs and those experiencing cognitive decline...
As a part of your estate plan, it’s smart to establish a long-term care plan. Your estate plan is there to help with a range of issues, like setting up your health care power of attorney and protecting your assets. It’s also there to assist you with Medicaid planning...
Far too often, individuals will take the time to develop a comprehensive estate plan that includes numerous contingencies and financial documents, and assume the plan will never need to be revised in the future. There are numerous significant life events that...
Estate taxes affect less than 1% of United States residents. While many people accumulate meaningful wealth during their lifetime, few amass truly significant fortunes. Yet, through sheer luck or shrewd investments, your estate could face taxation in the future. If...
No one knows when death will come, which is why so many attorneys push for people to put together their estate plans. Those plans have details on how to handle major assets and what a person wants to see happen if they’re badly hurt or unable to make decisions for...
Medicaid is a needs-based health insurance program. Individuals with income below a certain level and without significant assets can turn to Medicaid to cover their costs for health care and medical treatment. Although all retired adults can potentially qualify for...
If you have a child who has a developmental disability, there is the potential that they may need ongoing support well into adulthood. Especially in the later teenage years and early adulthood, many teen and adult children with developmental disabilities rely on their...
If you have adult children who are heirs to your estate, one thing you may want to consider is having them come to your estate planning meetings with your attorney. You may not want them there at every meeting, but having them attend one to go over the contents of...
Medicaid planning is important if you want to protect your assets. In the event that you need to move into a nursing home or to seek long-term medical care that relies on Medicaid for coverage, you’ll want to make sure you’ve taken the appropriate steps to protect...
Many older Americans don't think that they will need Medicaid. They may already have Medicare and possibly supplemental insurance through their former employer. Unfortunately, Medicare is a more limited program than some people realize. The more intensive your care...
