Home for the Holidays

It’s the time of year when thoughts turn to “Home for the Holidays.”  Whether you travel, host, or spend your holiday in solitude, the mere thought of the holiday season can conjure memories of sights, sounds, special foods and food smells, transportation hassles, stress, frenzied shopping, “crazy relatives,” lumpy futons, moments of relaxation, and cherished… Read more »

Why Aretha Franklin Needed a Trust

Since Aretha Franklin’s death much has been made about the fact that she did not have a Will.  The truth is she needed a Trust.  This isn’t because of her significant wealth, but because Aretha had circumstances and preferences – shared by many Americans – that are not adequately addressed in a Will. Blended Families… Read more »

Top 3 Reasons People Don’t Create a Will

Prince’s and more recently Aretha Franklin’s death revealed that although they were megastars they shared a common trait with the majority of Americans: they died intestate, which means without a Will.[1]  For the record, the size and complexity of Prince’s and Aretha’s assets would require more sophisticated planning than a Will, but they died without… Read more »

Five Common Misunderstandings About Estate Planning

The following considerations are among the most misunderstood by our clients—before they talk to us, that is. My Children will be Excited to Inherit my House  Maybe, maybe not.  Adult children are not as sentimental about the house they grew up in as parents like to believe.  More likely, the asset value of the house… Read more »

Medicaid Long Term Care Benefit FAQs

What is long term care Medicaid? Long term care (LTC) Medicaid is a joint federal and state program for individuals who need nursing home-level care and meet other eligibility requirements.  The care can be received in a nursing home, at home through community-based care services, or through PACE (Program for All-inclusive Care for the Elderly). … Read more »

Untangling the Medi’s: Medicare, Medicaid, Medigap, Medi-what?

Medicare, Medicaid, and Medigap are all familiar terms to an Elder Law attorney, even as their similarity can cause confusion to our clients.  Here then is a brief explanation of these programs. MEDICARE Medicare began hospital and health insurance coverage in 1965.  Insurance is provided to individuals who are 65 years of age (or older),… Read more »

Have you Engaged Your Agency?

May 2018 marks the 55th anniversary of what is now known as Older Americans Month. When Senior Citizens Month was established in 1963, only 17 million living Americans, or about 9% of the population, had reached their 65th birthday.  Today, almost 50 million Americans (15.2% of the population) are age 65 or older. “Engage at… Read more »

Should You Choose a Relative as Executor of Your Estate?

You may not be a millionaire, but maybe you have a good amount of money set aside to build a legacy. You want to give to your alma mater or an organization or charity close to your heart, or donate valuable artwork to a museum. You also want assurance it will happen after you’re gone…. Read more »

The Difference Between Estate Plans and Wills

There will come a time in your life when you realize you should plan for its end. As you grow older, retire, and scale down some of your belongings it might occur to you to draft a will so certain possessions with sentimental or monetary value are bequeathed to the people you designate. While a… Read more »

Estate Planning is Not Only About Distributing Assets

When you think of the term “estate plan,” do you think, “Who gets my stuff when I’m dead?” Of course this is part of estate planning, but it’s not all of it. This seems obvious, but there might come a time in your life when you’re not dying, yet you’re not able to make your… Read more »