Author Archives: Site Administrator
Discharges, Medicare, and Long Term Care Basics for Seniors
A new study identified that Medicare could save approximately $4.6 billion with no negative impact by disallowing discharges to long term care hospitals. The study analyzed different outcomes for patients between 1998 and 2014 for those patients who were discharged to long term hospitals. Do you have long term care insurance to help you… Read More »
Lack of Estate Planning Could Prove Problematic for Aretha Franklin’s Heirs
Numerous different celebrities have failed to engage in appropriate estate planning process and this information comes out in a very public manner after that person passes away. Aretha Franklin’s estate is no exception to this. Early indications from court documents show that Aretha Franklin might not have had a will. This was revealed in… Read More »
Understanding the Potential Challenges with Unrecorded Deeds
If your parents intend to pass property down to you but have not gone through the step of recording the deed, they could be putting you in a position to handle complex issues if they suddenly pass away. An unrecorded deed is an older estate planning tool that was used by attorneys years ago…. Read More »
Don’t Forget About Estate Planning for Your Pet
Are you concerned about how to protect your furry friend many years into the future, particularly if you are of older age and have pets that are relatively young? You may need to consider the possibility of estate planning for your pet. Most people make the assumption that their loved ones will step in… Read More »
Clients Express Fears About Long Term Care Needs
Most people recognize that the rising costs of long term care will certainly impact their retirement planning abilities and their lives in older age. However, approaching long term care planning is notoriously difficult, especially when many clients are concerned or scared to discuss it to begin with. Many consumers simply need to come to… Read More »
More Seniors File for Bankruptcy Amid Limited Long-Term Care Funds
Do you have a plan for your retirement that includes long-term care? More seniors than ever are questioning whether they have enough support to live into older age, especially with the risk posed by long-term care costs. Most people know that rooms in a nursing home or at-home care can be extremely expensive, but… Read More »
Study Shows Patients Not Prepared for Long Term Care Costs
Are you assuming that you won’t need the support provided by long term care? That could be a significant mistake and one that could cost you and your loved ones for many years. A new study has shown that plenty of patients are not prepared for the out of pocket costs of long term… Read More »
Your College Bound Young Adult Should Have These Estate Planning Documents
Soon, college bound teens will be headed out for their first semester at university, and there is a good chance that in the midst of all the hectic packing, putting together estate planning documents is not at the top of their list. But there are several important estate planning documents that even young adults… Read More »
What You Need to Know About Medicaid And Partners Entering Relationships with Different Assets
Getting married later in life raises a number of different confusing aspects associated with estate planning. An estate planning attorney might be the only person who can help you navigate the legal maze of health care and estate plans. If one party enters this late in life marriage with significant assets whereas the other… Read More »
What to Do If You Want to Exclude a Child from The Will
Having the estate planning process nailed down with the support of an experienced attorney, you might have questions that you are uncomfortable bringing up with your lawyer. One such question includes whether or not it makes sense to exclude a particular child from your will. While the vast majority of estate plans give all… Read More »