The most significant elder law issue is the matter of long-term care and the Medicare gap. Nearly three-fourths of senior citizens will need help with their activities of daily living at some point. Over half of them will need professional … [Read more...] about Should I Buy Long-Term Care Insurance?
Medicaid planning
A One-on-One Conversation With an Estate Planning Lawyer
If you were to get together with an old college friend that became an estate planning lawyer, what questions would you have about the planning process? You would definitely come away with a renewed understanding, and we will share a fictional … [Read more...] about A One-on-One Conversation With an Estate Planning Lawyer
An Overview of Medicare Out-of-Pocket Expenses
Medicare eligibility is earned through the accumulation of retirement credits. You get these credits when you pay self-employment or FICA taxes, and in 2021, you receive one credit for every $1470 that you earn. The maximum annual accrual is four … [Read more...] about An Overview of Medicare Out-of-Pocket Expenses
Longevity Statistics Put Long-Term Care into Perspective
When you have been active and capable during your middle-aged years, it can be hard to imagine a time when you will need help with your activities of daily living. Yes, you may have some limitations, but you will not have to rely on others to … [Read more...] about Longevity Statistics Put Long-Term Care into Perspective
Trust vs. Will: Which One Is Right for You?
You have some decisions to make when you are planning your estate, and the asset transfer vehicle will be at the top of the list. Most people assume that they should use a will because they do not fully understand the reasons why you may want to … [Read more...] about Trust vs. Will: Which One Is Right for You?
Enjoy the Comforts of Home With a Medicaid Waiver
Many people are surprised to hear that 70 percent of senior citizens will eventually need some form of living assistance. The United States Department of Health and Human Services states that 35 percent of elders will eventually reside in nursing … [Read more...] about Enjoy the Comforts of Home With a Medicaid Waiver
