Let’s talk about the challenges families face when managing the care of a disabled loved one. Caregivers will need to manage transitions between treatment settings and the sources of payment for the care that is needed. Adult Child Caregiver and the Winds of Change This is the first segment of our caregiver series. A person […]
Let’s clarify some of the terms and topics we’re most often asked about in our office. These concepts, once understood, can bring greater confidence, clarity, and peace of mind to your family’s legal and financial planning journey. When Banks Push Back on POAs Every adult should have a Durable Power of Attorney in place. Let’s […]
This blog series will explore the Elder Law issues at work behind the scenes as aging married couples of average means and no long-term care insurance become caregivers for each other. I will share with you why Long-Term Care Medicaid (“Medicaid”) is often the most affordable solution for managing the care of a disabled spouse. […]
The general public has some common misunderstandings about elder law and estate planning that we want to clear up. You will better-manage your legal planning and avoid mistakes if you understand some of these vital topics. As Power of Attorney, do not Abuse Your Authority We see situations where the power of attorney (“agent”) in […]
Managing the care of a loved one is a perilous journey, often made more difficult by the obstacles of misinformation and bad choices. The beacon on the shore guides ships to safe harbor; we hope to be a beacon for families caring for their loved ones. Dashed on the Rocks When Going It Alone for […]
Financial advisors are often a point of first contact for caregivers struggling to manage the financial affairs of a disabled loved one. Disabled in this context means that the patient requires permanent assistance with one or more activities of daily living. Once the level of care reaches beyond what the family can provide, paying for […]
Do you have a plan in place for you and your loved ones in the event of disability? Are the people named in your plan capable of carrying out their role properly? Are there looming red flags in your financial life? If you do not prepare for success, there may be a day of reckoning. […]
When visiting your older loved ones, you have an opportunity not only to connect, but also to gently observe their well-being and living environment. Subtle signs of cognitive decline can sometimes go unnoticed, making it all the more important to ensure their home is as safe and supportive as possible. Thoughtful adjustments around the house […]
Medicare becomes a person’s healthcare insurance when they turn 65. It pays for doctor visits, prescriptions, hospitalization, emergency care, and rehabilitative care. It pays for skilled medical care that stabilizes, improves, or cures the patient’s condition. Once skilled care is no longer needed, but the patient is not independent with activities of daily living, then […]
Seniors often live alone in the winter of their life. For some, they have no children or relatives that live near them. Adult children try their best to manage the needs of a parent from afar. If your parent has dementia and begins to wander or get lost, you can be ready to help first […]
Long Term Care Medicaid has financial limitations on assets in order to qualify financially. The social worker assigned to the application needs to understand the history of gifting, account closures, the origin of money deposited into an account, and whether withdrawals from an account were used to purchase goods and services at fair market value. […]
I review nursing home and assisted living admission contracts for my Elder Law clients fairly regularly. I just read language in a contract that I have never seen before. The section was titled “Binding Arbitration”. Arbitration provisions are common in admission contracts. It is against Federal law to require binding arbitration as a prerequisite to […]