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...
People commonly think of trusts and estate planning as something that only the extremely wealthy can benefit from. This false belief may attribute to the fact that more than half of all American adults do not have a will. If planning for what happens when you have...
There are many times when people are told to update their estate plans. However, many of the timelines you see are simply suggestions. There are no specific guidelines that tell you when you have to update your estate plan. It’s a good idea to review it annually or...
Crafting a comprehensive estate plan can be a daunting undertaking. Numerous documents are involved, and a multitude of contingencies must be stipulated. Faced with these challenging circumstances, people are likely to tackle larger issues such as who gets the house,...
When you’re involved in estate planning, one of the things that comes up is the need for a guardianship. If you have children, then guardianships may be used to define who would take care of them if you could no longer do so. Guardianships aren’t just for children,...
It's hard for anyone to watch their parents decline, but for some people, the experience can be particularly traumatic. Older adults struggling with cognitive function sometimes become despondent and might begin refusing medical care or failing to take care of...
Some people need Medicaid even though they might have few assets in their name. Although qualifying for Medicaid as an older adult usually means needing to spend everything you already have on care, you can qualify for benefits even if you own a valuable home. Your...
