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Estate Planning › Nursing Homes

Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the... more +
Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the disposition of assets, guardianship of minor children, and appointment of representatives to make medical and financial decisions. Effective estate planning can decrease tax liability and facilitate the probate process.  less -
Stark & Stark

Senior Care Strategies: How to Prepare for Life's Later Stages

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​​​​​​​With continuing advances in medicine, nutrition, and wellness, people are living longer. We all want to age like the characters on the popular sitcom “Golden Girls,” whose “golden years” seem fabulous and filled with...more

Falcon Rappaport & Berkman LLP

ELDER LAW LEGAL UPDATE: Important Changes to Social Security Income, Medicaid Resource and Income Allowances, and Regional Rates...

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The Elder Law Practice Group at Falcon Rappaport & Berkman would like to share some important Elder Law legal updates with our clients and professional partners that will impact Medicaid eligibility for applicants/recipients...more

Cranfill Sumner LLP

The Top 5 Dos and Don’ts of Family Conversations Involving Aging Loved Ones’ Needs

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If you are lucky enough to gather around the holiday table with multiple generations, aging relatives, and loved ones, consider the kinds of conversations that you may be engaged in or should be having with them at some point...more

Gerald Nowotny - Law Office of Gerald R....

TELL ME SOMETHING GOOD! Planning for Post-Retirement Medical Expenses with 401(h) Plans

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How do I pay for post-retirement medical expenses? Your answer - 401(h) medical plans. #retirement #estateplanning #financialadvisor #payfornursinghome #medicalplans...more

Gerald Nowotny - Law Office of Gerald R....

TELL ME SOMETHING GOOD! Planning for Post-Retirement Medical Expenses With 401(h) Plans

Gerald Nowotny - Law Office of Gerald R.... on

Nowotny On Death and Taxes podcast #38 discusses 3 significant benefits of the 401(h) post-retirement medical expenses plan; Significant tax deductible contributions, tax deductible growth while in the plan and the ability to...more

Ruder Ware

Don’t Let the Fear of Losing Your Home to Medicaid Contribute to Elder Abuse

Ruder Ware on

As we reflect on the close of World Elder Abuse Awareness Month, we wanted to share some information on this important issue. The Centers for Disease Control and Prevention defines elder abuse as an intentional act, or...more

Chambliss, Bahner & Stophel, P.C.

Medicaid Protections for the Healthy Spouse

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Medicaid law provides special protections for the spouses of Medicaid applicants to make sure the spouses have the minimum support needed to continue to live in the community while their husband or wife is receiving long-term...more

Downey Brand LLP

California Assisted Living Residents Are Vulnerable to Financial Elder Abuse

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As our population ages, more of our seniors are moving into assisted living facilities. The number of such facilities has nearly tripled over the past two decades, with construction of memory care units the fastest-growing...more

Goulston & Storrs PC

Probate & Fiduciary Litigation Newsletter – December 2019

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The Probate & Fiduciary Litigation Newsletter compiles recent Trust & Estate cases. Our lawyers are at the forefront of this area of the law, shaping how it is handled in the Probate and Family Court. Goulston & Storrs is the...more

Ruder Ware

My spouse is on Medicaid, now what?

Ruder Ware on

It is common for a client whose spouse is receiving Medicaid to lack adequate estate planning to protect those Medicaid benefits in the event the client dies before their spouse. Yet, after all of the time and energy spent to...more

Chambliss, Bahner & Stophel, P.C.

Preplanning for Medicaid Benefits - a Critical Step in Caregiving

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As if day-to-day caregiving for your parents is not stressful enough, the financial obligations of skilled care will push you to your limits. Consider this your wake-up call for your parents' financial plans and personal...more

Ruder Ware

Is My IRA Safe From the Nursing Home?

Ruder Ware on

After working and saving, clients are concerned that unexpected costs will become unplanned for drains on their Retirement Accounts (e.g, 401(k), IRA, Roth IRA, 403(b), etc.). As the need to pay for nursing home care nears,...more

Cranfill Sumner LLP

May is National Elder Law Month

Cranfill Sumner LLP on

Where the month of May celebrates mothers and the Kentucky Derby, the month of May has also been designated as National Elder Law month. This designation was coined by the National Academy of Elder Law Attorneys (NAELA), a...more

Ruder Ware

Myth Busters: Dispelling 5 Myths About Medicaids Long-Term Care Coverage

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Did you know that Medicaid is the largest source of funding for nursing home care? Medicaid, often called Medical Assistance or Title 19, has many rules that are confusing, and thus a mystery to many people. Even more of a...more

Ruder Ware

Will the Nursing Home Take My House?

Ruder Ware on

When faced with the possibility of paying for nursing home care, many people I meet with are concerned about what will happen to their house. Inevitably, I am asked, “Will the nursing home take my house?” To protect the...more

Steptoe & Johnson PLLC

An “Alternate” Power of Attorney May Still Bind Principal to Arbitration

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A recent decision by the Supreme Court of Appeals of West Virginia confirms the binding nature of arbitration agreements for nursing home admissions, even when an “alternate” power of attorney signs the agreement, as long as...more

Adler Pollock & Sheehan P.C.

Preparing a parent for a nursing home

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If an elderly parent or other relative who lives alone is experiencing difficulty with daily living activities, it may be time to make the difficult decision to move him or her to a nursing home. This article examines the...more

Adler Pollock & Sheehan P.C.

Insight on Estate Planning - April/May 2018

Adler Pollock & Sheehan P.C. on

In This Issue: - Estate planning for your business: Use an ESOP to properly address your closely held company - Are your assets protected from creditors? - Preparing a parent for a nursing home - ESTATE PLANNING...more

Chambliss, Bahner & Stophel, P.C.

Three Reasons Why Giving Your House to Your Children Isn't the Best Way to Protect It From Medicaid

Chambliss, Bahner & Stophel, P.C. on

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, transferring the home to your children is usually not the best way to protect it....more

Bowditch & Dewey

Massachusetts Supreme Judicial Court Ruled Irrevocable Income-Only Trusts a Viable Tool in Long-term Care Planning

Bowditch & Dewey on

In Mary E. Daley v. Secretary of the Executive Office of Health and Human Services and Lionel C. Nadeau v. Director of the Office of Medicaid, which were consolidated in an appeal to the Massachusetts Supreme Judicial Court,...more

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