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Get Proper Advice Before Gifting

We get people who come into our office all the time who have made substantial gifts of cash, vehicles or even their home to loved ones because they believe that is what they should do to protect those assets in …

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Healthcare Issues

In your estate plan, if you are like most people, you want to make sure that you are in control while you are alive and well, that you and your loved ones are provided for when you are not so …

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Spring Cleaning for Your Records

It’s springtime. It is that time of year to start cleaning out the closets, the garage and the shed, all of which over the winter had become a repository for all that stuff that you just didn’t have the time …

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Spouse in a Nursing Home

Last week, we discussed family-friendly Medicaid options if you are single and nursing home bound. In that instance and if you have the proper estate planning documents in place, the Medicaid rules allow you to save about half of your …

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Half a Loaf is Better than None

Last week, we discussed caregiving options with modest estates. But what if you have saved more than the national average of $35,000. Is there anything that you can do to protect those assets for you and your loved ones in …

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Living Arrangement Options Small Estates

You have worked hard all your life. You also have tried to save, but some financial emergency usually came up. You did not save as much for retirement as you wanted to put aside. Unfortunately, you are not alone. According …

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Medicaid Friendly Annuity – Not

There seems to be a lot of confusion about the use of annuities for Medicaid planning. There are many financial services companies out there offering all kinds of them. Recently there seems to be a big push in the marketplace …

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The Truth About Medicaid Eligibility

I regularly get questions about protecting assets and qualifying for Medicaid to pay for nursing home care. There are many misconceptions about nursing home Medicaid eligibility. We have discussed some of these issues before. However, since I continue to get …

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Providing for Special Needs Loved Ones

Last week, we discussed protecting your special needs child or other loved one who is developmentally disabled and/or legally incapacitated. As we talked about, if you are your loved one’s primary caregiver or caretaker, proper planning dictates that you designate …

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