Do You Need A Revocable Living Trust?
Oct 24, 2014
Many are confused about what a revocable living trust is, why it's different from a will, and if they even need it. Are there differences you should be aware of? How can you choose which is better for your family? Do you need both? Let's take a deeper look at living trusts and make them a little more understandable so you can determine if you're better suited for other life planning options. What is a Revocable Living Trust? Is it a Will? Do I need a
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Hospice Coverage- What You Need To Know
Oct 12, 2014
Making our loved ones comfortable for the last days of their life is priceless, but how can you make sure you aren't sinking your own ship? Determining how your family will handle payment for hospice care may seem daunting. What many don't know is that there's hospice coverage that provides basic hospice services at little to no cost. Medicare has an all-inclusive Hospice Benefit that can assist dying patients and their family members with hospice payment and coverage at the end of life. What Medicare Covers Your family's doctor
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Avoiding Costly Elder Care Mistakes
Oct 2, 2014
Most of us will spend a significant amount of time planning for retirement. We will make plans on when to take Social Security, how to adjust our post retirement investment strategy, and how to establish a post retirement monthly budget. However, most people will not think about what will happen if we or our spouse gets sick and needs 24 hour care. Whether you are thinking about your own long-term care planning, or are caring for a parent or grandparent, there are certain costly elder
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The 6 Biggest Medicare Secrets and Hacks
Aug 22, 2014
Nearly all elderly Americans are subscribed to any form of Medicare coverage and are generally pleased with its provisions. However, a vast majority of Medicare subscribers are unaware of the many numerous allowances your Medicare insurance covers. Here is a list of the six biggest Medicare secrets and hacks that may allow you to get the most of out of your Medicare policy. 1. Medicare Covers Weight Loss Surgery In 2006, Medicare and Medicaid included provisions for weight loss, technically known as bariatric, surgery for its
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3 Steps To Follow Before Filing Nursing Home Complaints
Aug 22, 2014
Nursing home complaints are a dicey issue. You want your elder family members to get the treatment and care that they deserve while staying on the good side of the nursing home staff and management. After all, your loved one's are in their hands so it's best to maintain as amicable of a relationship as possible. But, if ever the situation where your loved one starts mentioning neglect, abuse or mistreatment, stay calm. As much as you'll be inclined to go to bat for your elder family member
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Casey Kasem’s Advanced Directive Lesson
Jul 17, 2014
The family of the late Casey Kasem had been locked in legal battles regarding the rights to care for the disc jockey in the years leading up to his death. Due to the nasty nature of these legal duels, they serve as elder law lesson on how to avoid elder abuse. Years of Back and Forth Since being diagnosed with Lewy Body Dementia in 2007, the rights to care for famed host of American Top 40 Casey Kasem had been contentiously fought over by his daughter Kerri,
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Know Your Options: Lady Bird Deeds
Jul 17, 2014
Lady Bird Deeds are a commonly used option in Texas and very well could be the right elder law solution for you and your family's property transfer. It can also be a beneficial tool in sorting out your Medicaid eligibility. Otherwise known as Enhanced Life Estate Deeds or Transfer On Death (TOD) Deeds, Lady Bird Deeds are a way to transfer property to heirs outside of probate while still retaining the property in the trustees name. The deed changed names to the Lady Bird Deed when the lawyer who
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How to Avoid Forced Guardianship
May 31, 2014
Adult guardianship, also known as conservatorship, was created in order to protect adults who are not capable of taking care of themselves due to an illness or disability. However, the very same laws intended to protect senior citizens are sometimes used to exploit them – often by the very people in charge of caring for them. No one ever imagines getting to a point in their lives where they can’t take care of themselves. It can be even harder to envision a situation where you’re
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Estate Planning: 5 Dangerous Misconceptions
May 28, 2014
Estate planning is a tricky business. With its complexity comes a lot of misconceptions - some of which can be extremely dangerous to your assets, your future and your loved ones! Don't fall in the trap of making these five estate planning mistakes. 1.) “I have no assets, so I don’t need an estate plan.” The #1 Estate planning mistake people often make is thinking they don’t need a plan at all. The fact is, even if you feel you have little to no valuable
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What To Do When An Elderly Parent Refuses Help
Apr 16, 2014
One of the most difficult things for an adult to go through is to watch their aging parents get to a point where they can no longer take care of themselves. You want to keep them safe and healthy as long as possible, but sometimes, that comes at the heavy cost of taking away their freedoms. It becomes even more difficult when an elderly loved one is actively refusing your help. How to Talk to Your Aging Parents Ideally, it’s best to have these conversations
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