Estate Planning

Obtaining eligibility for Medicaid often requires transferring assets to a spouse or other family members.  When transferring assets, one...

While most of the new tax law – the Tax Cuts and Jobs Act – has to do with reducing the corporate tax rate from 35 percent to 21 percent,...

Contrary to popular belief, it is never too late.  An elder law attorney can work to implement many different techniques even at the...

In a perfect world, everyone would craft an estate and elder care plan well in advance of having to implement it˗ but the world isn’t...

Special Needs Trusts are an integral part of almost every estate plan.  I use them in most of my estate planning documents.  There are...

You are never too young to draft your estate planning documents.  I am sure you would agree that anything can happen to anyone at any...

Special Needs Trusts are an integral part of almost every estate plan, yet, most people do not realize this.  Typically, those who...

You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded,...

Generally, in determining the Medicaid eligibility of a person receiving nursing facility services, any gifting of assets made by the...

Actually, yes!  When someone dies, the first step is to determine if the decedent owned any assets individually, meaning there were...

The main purpose of a will is to direct where your assets will go after you die, but it can also be used to instruct your heirs how to...

This is a very common issue with revocable trusts and it results from not respecting the formalities of the trust. In order for a...

State laws vary considerably, so you should confirm this response with a local elder law attorney. But here are the general rules: the...

According to a recent report published by the Alzheimer’s Association, in 2017, approximately 5.5 million individuals have “Alzheimer’s...

A durable power of attorney would still make a lot of sense. Having your name on your father’s bank account is great because it permits...

The median cost of a private nursing home room in the United States has increased to $97,455 a year, up 5.5 percent from 2016, according...

The answer to this question is dependent on the County you live in.  Regardless, the probate process can take quite some time and delay...

You can appoint as many people as you wish, however there are a few things to consider about the person you appoint.  First, you should...

The Department of Housing and Urban Development (HUD) has announced changes to the federal reverse mortgage program. Citing the need to...

Often confused, the look-back period and the penalty period are two distinct concepts in Medicaid planning.  It is important to...