Medicaid is often the only option for Americans 65+ that require long term healthcare. However, one must overcome 2 major hurdles: planning for eligibility and the application. Becoming eligible for Medicaid is complicated, with the requirements changing fairly often and varying from state to state. To qualify, one cannot exceed a certain amount in assets and […]

“MORE THAN HALF OF ALL American adults don’t have a will, and that can cause all kinds of problems if tragedy strikes.” As it turns out, Estate Planning is not only for the wealthy. It’s for anyone that has any assets that they would like to protect or hand over to someone else after their […]

“Medicaid, the joint federal-state health financing program for low-income people, has long been the nation’s main financial backstop for long-term care. Over 60 percent of nursing home residents have Medicaid coverage, and over half of the nation’s long-term care is funded by the program.That isn’t because most people who require long-term care have low incomes. […]

Although it may not seem like it’s coming up fast, or important right now, it’s never too early for creating a life plan for your post-retirement life. The reality is that when you are no longer able to work, you still need to have an income in order to support yourself. Some basic necessities you […]

“One of the most loving things you can do,” Rampenthal says, “is not make people guess at what you wanted.” This advice comes from Chad Rampenthal, general counsel for LegalZoom, an online service that offers self-help. While creating Estate Planning documents is possible through online services on your own, it is not recommended. Although you […]

Medicaid is a government program that was created in the 1960s to help Americans who are unable to work receive long term healthcare. It is intended to pay the cost of this healthcare, even if the individual is unable to do so on their own. However, eligibility for this program has many rules and restrictions […]

There seems to be a shared misunderstanding about Estate Planning. This may come from making an assumption that for something to be considered an estate, it must be extravagant and expensive. However, as explained by caring.com in their article, Estate Planning 101, “In the eyes of the law, an “estate” is simply all the property individuals own, […]

Medicaid is a program that can be very helpful, but can also cause a huge headache when it comes to financial stress. The regulations can change from state to state, but some things are federally demanded for this program. One thing that remains true, no matter where you are, is that asset protection is absolutely […]

There are so many ideas about Estate Planning it’s hard to figure out the truth. Often you hear: “It’s completely unnecessary or it’s absolutely necessary” or “It’s as simple as 1, 2, 3, you can do it online, or it’s tedious, lengthy and confusing.” As a law firm in the practice since 1994, we’re here […]

It is very common to take care of your family. Some people even do it after they die. This takes place in the form of Estate Planning, which is essentially planning for your own demise to ensure your loved ones do not suffer. Investors.com offers some tips on creating a well thought out Estate Plan. They are: […]