But without proper planning, your dreams for your vacation home can become a nightmare for your children and grandchildren.
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Home is where the heart is. Our homes are very personal to us. One concern that many people have when they talk to me is how to protect their home from nursing home costs. They’re concerned that their home will be taken from them to pay for the nur…
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If you’re wondering what kind of estate plan is right for you, you might be feeling overwhelmed with all of the information out there about the different options you have. It can be hard sifting through all of the details to get to the bottom l…
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When people are looking to pay for nursing home care by qualifying for Medicaid, a big question they have is what assets they can keep. The answer to this question is determined by how Medicaid classifies the asset. Under Medicaid there are two kinds…
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Many times when I meet with families who have a loved one who was just admitted to a long term care facility, one of the first questions they have is whether Medicare will cover the costs incurred. They understand that the costs of the long term care…
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If tragedy strikes your family and your children need someone to take care of them because you cannot, then a judge will choose who steps in to care for them. You can have a voice in that selection, however, if you’ve taken the steps to nominat…
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We plan for everything from dinner to vacation, but rarely do we plan for the cost or need for long term care. This failure to plan can have devastating effects on us and our family over a very short period of time.
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If you think you only need to create protective trusts for young, troubled, or financially inexperienced beneficiaries, then think again. In today’s environment of frivolous lawsuits and high divorce rates, you should consider protective trusts…
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We often write about why it’s so important to have an estate plan. We write about how estate plans allow you to make the process of estate administration more simple and less expensive for your loved ones. And of course we write about how a good es…
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A client of mine came to me and had some concerns and needed my help. Her mother had passed away, and my client was worried that her brother was acting inappropriately with her mother’s assets. When she had spoken to the brother about what was…
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