Creating a Trust for Your Beloved Pet
You can provide for your pet after you are gone or no longer are able to care for them by creating a pet trust, whether you have a horse, dog, cat, parrot, or even more exotic pets like a snake…
The Elder Abuse Prevention and Prosecution Act
To combat the increasing epidemic of elderly people being abused financially and physically, the Elder Abuse Prevention and Prosecution Act was implemented. A study conducted by the National Council on Aging indicates that approximately 1 in 10 Americans aged 60…
Powers of Attorney – Common Misconceptions
One of the most important estate planning documents you can possess is a durable power of attorney. It allows someone who you appoint (your agent) to make decisions on your behalf in the event you become incapacitated. If you have…
Opportunities for Investment in ABLE Accounts
Disability benefits, such as Supplemental Security Income (SSI) and Medicaid, are only available to people who are extremely poor or who possess properties that are restricted by restrictive trusts. Federal legislation now permits disabled people to set up their own…
Eligibility for Medicaid for Nursing Home Care
You may need to rethink your perception that Medicaid planning only entails meeting strict income and asset limits. You will also need to demonstrate you need the level of care typically provided in a nursing home setting. These health eligibility…
Is It Sufficient to Only Have a Will?
A will protect your assets and leaves no doubt as to the wishes of your successors, so if you've already created one, congratulations are in order - you're already ahead of the game! In the United States, almost half of…
What Should I Do If My Loved One Needs Care Resides With Me?
Aging in place continues to gain popularity, but what to do when a loved one is having difficulty living safely at home is a common problem. It is becoming increasingly popular to age in place; however, what to do when…
During the Month of March, We Recognize Brain Injury Awareness
Brain Injury Awareness Month kicks off in early March as it has for thirty years. Brain injury often referred to as traumatic brain injury (TBI), can range from mild (commonly called a concussion) to severe and is caused by an…
The US Urgently Needs Affordable Long-Term Care
AARP reports that the population of people over 85 years old, who are most likely to require long-term care, will more than triple between 2015 and 2050. Elected leaders must rethink institutional care and its affordability and make improvements while…
Nursing Home COVID-19 Dashboard From AARP
Despite COVID-19's rampant spread among nursing home residents and staff, haphazard data collection often renders skewed information when it comes to pinpointing areas of concern. The most recent Kaiser Family Foundation data analysis indicates that federal policymakers are slow in…