Did you catch last Sunday's Washington Post article by David Hilzenrath, about the October bankruptcy filing of Erickson Retirement Communities? My phone has been ringing all week with people concerned about this news, because Erickson is a major … [Continue reading]
What Does the Bible Teach us About Estate Planning?
Sorry for the last minute notice, but I just found out that my church, Fairfax United Methodist Church (10300 Stratford Avenue, Fairfax, VA 22030), has space left for a course I'm teaching tomorrow evening entitled What Does the Bible Teach us About … [Continue reading]
Evan Farr Teaches Course for Elder Law Attorneys Natonwide
~You Can Sign Up for a Similar Course for Consumers~ Last Thursday, Evan Farr conducted a national, attorney-only teleconference sponsored by the National Business Institute (NBI) on the topic of the Income Only Trust -- an asset protection trust … [Continue reading]
Keeping Mom and Dad Safe at Home
Elderly parents generally prefer to remain living in their own homes as long as possible. However, remaining in their homes becomes a concern when children see their parents slowing down or starting to have trouble with handling stairs and doing … [Continue reading]
Myths about Obama’s Health Plan
Lots of clients have been asking my opinion on Obama's new health care reform plan. I'm not at all a political pundit, and I have not read the entire Bill, but I have seen and heard what appears to be a great deal of misinformation out there in the … [Continue reading]
Putting Home Care in Perspective
The Evolution of Home Care In the first century of our country's history there was no such thing as nursing homes or assisted living. Society was mostly rural and people lived in their own homes. Families cared for their loved ones at home till … [Continue reading]
Update on Virginia Life Estate Law
In June of last year, I wrote that "in the near future, life estates will no longer be considered exempt assets when applying for Medicaid." This was due to the fact that the Virginia General Assembly had recently passed legislation instructing DMAS … [Continue reading]
Updating Your Estate Plan When Your Finances Change
In the recent economic downturn, many homes have lost considerable value and stock portfolios have plummeted. If this is the case for you, as it is for many of our clients, you may need to change your will or amend your living trust. If your estate … [Continue reading]
Government Program Pays Family Members for Taking Care of Mom and Dad
Looking for a way to help Mom and Dad pay for Home care or assisted living? Perhaps you are their caregiver. Wouldn't it be nice to receive some extra income to help you provide their care? There is financial help available for senior Veterans and … [Continue reading]
Too Soon Old
A very touching poem has been winging its way across the Internet for a couple of years now, but I just recently read it for the first time. Often entitled "Crabby Old Man," you may have already seen it, but it's worth another read. As the story … [Continue reading]
Planning for Long-Term Care (Part 3)
In Part 1 of this series I outlined the necessity to create a good Long Term Care Plan and in Part 2 I discussed the three most essential documents found in that plan. The first essential document is a General Power of Attorney (POA) containing … [Continue reading]
Planning for Long-Term Care (Part 2)
"Long-Term Care" refers to the broad spectrum of medical and support services provided to persons who have lost some or all capacity to function on their own due to a chronic illness or disabling condition, and who are expected to need such services … [Continue reading]
Planning for Long-Term Care (Part 1)
Are you one of the millions of Americans who made a New Year’s Resolution to plan for long-term care? Have you started it yet? As financially responsible adults, most of us are prepared for some unexpected disasters – we pay for health and property … [Continue reading]
Eight Steps to Less Stressful Caregiving
Taking care of a loved one with special needs can be exhausting and stressful. Often due to the lack of outside help, a devotion to the person needing care, or the tunnel vision that can accompany exhaustion, caretakers don't take care of … [Continue reading]
A Roundup of Key Elder Law Numbers for 2009
Below are figures for 2009 that are frequently used in the elder law practice, including the new Medicaid spousal impoverishment figures and the long-term care insurance deductibility limits. Medicaid Spousal Impoverishment Figures for 2009 The … [Continue reading]
Moving? Make Sure Your Special Needs Planning Moves With You
If you have already established an appropriate special needs trust for your child, then congratulations! You've taken a wonderful step towards ensuring that your child can take maximum advantage of the government programs available for his or her … [Continue reading]
Ten Affordable Gifts for Elderly Parents
Finding the right gifts for family members is an annual challenge, especially this year when everyone is feeling economic uncertainty. Gift giving is more meaningful when you know that the item you’ve chosen will have personal significance to the … [Continue reading]
Divorce and the Child With Special Needs: Income Deeming and Child Custody
Divorce is a difficult process for everyone. If you have a child with special needs, the choices you make during a divorce can have lifelong repercussions, both for you and for the child. It is not always in the best interest of a child with a … [Continue reading]
Elder Mediation Resolves Family Conflicts
"My daughter is insisting I move in with her," complains Martha. "She just wants to control my life and take away my freedom," she continues. Jenny, Martha's daughter, worries that her mother keeps falling, and fears one day she will break her hip … [Continue reading]
Writing a Memorandum of Intent for a Special Needs Child
How can you ensure that your special needs child will remain well cared for and secure once others assume the role of guardian or caregiver? While creating a financial plan and establishing a specialized trust are central to preparing for your … [Continue reading]
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