Medicaid is required to seek reimbursement from the estates of people that were enrolled in the program while they were living. Since it is a need-based program, you cannot qualify if you have more … [Read more...] about Does Medicaid Estate Recovery Apply to a Special Needs Trust?
If someone asks you to be the executor of their estate, you may understand what you have to do in a general sense, but the specifics are another matter. With this in mind, we will look at some simple … [Read more...] about How Does an Executor Settle an Estate?
As elder law attorneys, we pay close attention to potential legislative changes that can impact government programs for seniors. There is a key proposal on the table right now, and we will look at it … [Read more...] about Expansion of Medicaid Waiver Has Been Proposed
Caring.com has been conducting research on an ongoing basis to measure the estate planning preparedness of American adults. Their numbers for 2021 have been released, and as always, they are not … [Read more...] about Is Your Estate Plan Complete?
Some people are unpleasantly surprised when they find out that Medicare will not cover nursing home care. If you are not too concerned because you think that you will never need long-term care, you … [Read more...] about Medicaid Planning: Can a Healthy Spouse Keep Their Spouse’s Income?
We have been experiencing a housing boom the United States over recent years. Values have gone through the roof in some areas, and this will definitely put a smile on your face if you are a homeowner … [Read more...] about Rising Home Values Can Have Estate Tax Implications
A lot of people think that estate planning boils down to the creation of a simple will. They never really consider the alternatives, and they assume that everything will fall into place. In … [Read more...] about Why Would a Will Be the Wrong Asset Transfer Vehicle?
Individual retirement accounts are commonly used by Americans throughout their working careers as they are building nest eggs that they can draw from during their golden years. If you are … [Read more...] about Things to Know About IRAs and Estate Planning
People that serve in the United States military become eligible for a retirement pension after 20 years of service. This gives servicemembers the ability to retire in comfort if they take advantage of … [Read more...] about Veterans Pension Rates Updated for 2021
While we are on the topic of updating your plan, you should consider one of the most important documents - your Trust and/or Will. Read More from The American Academy of Estate Planning Attorneys. … [Read more...] about Updating Your Plan: Your Trust or Will