Redo Your Estate Plan When You Remarry
If you are getting remarried, you obviously want to celebrate, but it is also important to focus on less exciting matters like redoing your estate plan. You may have created an estate plan during your first marriage, but this time it will probably be more...
How Does Coronavirus Relief Bill Affect Seniors
The $2 trillion economic relief package that Congress passed to help Americans deal with the devastating financial impact of the coronavirus pandemic contains some provisions that affect seniors. In addition to authorizing direct payments to most Americans, including...
Health Care Decision Making
What is involved when it comes to an individual’s health care decision making? We heard some disturbing news last night. There was a hospital in Chicago that was trying to compel all COVID 19 patients to sign DNR’s or do not resuscitate orders so that they wouldn’t...
Your House & Nursing Home
Whenever you feel it is time to move to a nursing home, what will happen to your house? Usually you do not have to sell your home to qualify for Medicaid of nursing home. However, the state may try to file a claim against your house after you die. Because of this...
Trustee and Beneficiaries 101
Congratulations! You were just appointed to be a trustee / beneficiary. Don't be overwhelmed, or confused. You may ask, "what is a trust?". Another term that has been popularized that you may recognize, "trust fund" it's an arrangement from one person, the trustee,...
Maintain and Review a Will
The creation of a living will may seem like a process that is created once then to be discarded until the final moments of your life. That is false. A living will must be maintained so often that your wealth, and possessions can be properly passed on to loved ones.
The 5 Ways to Handle the Touchy Topics of Adult Care
From childhood into adulthood, our parents take care of us in every aspect. As we mature and become our own person, our parents continue to grow and age. There becomes a time where the roles must be reversed and you must take care of your parents. It may comes across...
Legal and Financial Planning for Alzheimer’s Loved Ones
The Alzheimer's Association Advises Legal Plans Should be Established so those with Dementia can be Involved in Decision Making About Their Future Care. It eases the strain on families who take care of those with dementia. Every 65 seconds someone in the United States...
Spending Down Assets on Medicaid
The rules of "Spending Down" assets for Medicaid may seem tricky, but we're here to help you navigate. To qualify for Medicaid, you must make less than an income at or below 133% of the Federal Income Poverty Guidelines. Applicants for Medicaid can spend down their...