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Powers of Attorney (POA): An Overview

As part of your estate planning process, you should implement Power of Attorney (POA) documents. All states recognize powers of attorney, but rules and requirements will differ from state to state. The document gives one or more individuals the legal…

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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…

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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…

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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…

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