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Estate Planning Mistakes of Celebrities Part 4: Etta James didn’t have a Durable General Power of Attorney, causing a father/son feud in court
Estate Planning is about carrying out our wishes after we die, But in addition to a good Estate Plan, everyone over the age of 18 also needs a good Incapacity Plan that takes care of you during your lifetime if you become incapacitated. Blues … [Continue reading]
Recent News: Democrats Petition Obama to Limit Social Security Reform
The National Commission on Fiscal Responsibility and Reform may recommend budget cuts with regard to social security benefits, but members of Democratic members of Congress are vehemently warning President Obama that they will oppose such … [Continue reading]
President Obama Has a Second Term – What does it Mean for Seniors?
President Obama's re-election means Medicaid and Medicare will likely be preserved for at least for the next four years and the Affordable Care Act (ACA, a.k.a. Obamacare) will be fully implemented.When questioning whether the ACA is good for … [Continue reading]
Estate Planning Mistakes of Celebrities Part 3: Michael Crichton Didn’t Update His Estate Plans, Leaving His Wife and Baby Empty-Handed
Forgetting to amend your Will or Living Trust when your marital status changes, or if there is a new addition to the family, or in other major life circumstances, could leave someone that you love empty-handed. The name “Last Will and Testament” … [Continue reading]
Case Example: Farr Law Firm Helps Veterans and Their Spouses Apply for Veterans Aid and Attendance
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Part 2: Estate Planning Mistakes of Celebrities
Over the next couple of weeks, you will receive a series of articles entitled "Lessons Learned from Estate Planning Mistakes of Celebrities," demonstrating why probate is such a nightmare and lessons that can be learned from the costly mistakes of … [Continue reading]
Medicare Part D Drug Discount Included in Affordable Care Act is Saving Seniors Money
A new report issued by the U.S. Government Accountability Office (GAO) confirms that the Medicare Part D drug discount included in the Affordable Care Act (ACA) is working as intended and saving seniors’ money.Before the passage of the act, seniors … [Continue reading]
Veterans Awareness Week – Personal Stories of Veterans and How Veterans Aid and Attendance Has Helped Them
Attention Veterans: Take advantage of a 20% discount this month, just by mentioning this posting! Normal 0 false false false EN-US X-NONE X-NONE … [Continue reading]
Estate Planning Mistakes of Celebrities (Part 1)
Over the next couple of weeks, you will receive a series of articles entitled "Lessons Learned from Estate Planning Mistakes of Celebrities," demonstrating why probate is such a nightmare and lessons that can be learned from the costly mistakes of … [Continue reading]
Attention Veterans: Special Offer to Celebrate Veterans Awareness Week!
Next week, November 4 through 10, is Veterans Awareness Week! In 2002, President George W. Bush proclaimed that the week before Veterans Day will be recognized as National Veterans Awareness Week to recognize the contributions of our service men … [Continue reading]
Evan H. Farr Honored For Career And Community Achievements And Leadership
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The Power of Music: Bringing Alzheimer’s Patients “Back to Life”
Alzheimer's disease is the most common cause of dementia, affecting 5.4 million people in the United States. The disease swiftly deprives patients of their memories and other brain functions. Many Alzheimer’s patients’ who need around the clock … [Continue reading]
Important Medicare Change: Patients No Longer Need to Show Progress to Receive Nursing Coverage
Medicare coverage of short-term rehabilitation in a nursing home is about to undergo a major policy change, resulting in beneficiaries with chronic conditions such as Alzheimer’s disease, Parkinson’s disease, ALS (Lou Gehrig’s disease), diabetes, … [Continue reading]
Are You Childless and Aging? Be Sure to Plan for Future Care.
Jennifer and her brother always kept an eye on their mother, Ann, who was 91 and suffering from a stroke when she died three months ago. Both siblings made sure they lived near their mother in Oakton, and together they brought her food, took care of … [Continue reading]
Important Medicare Change: Patients No Longer Need to Show Progress to Receive Nursing Coverage
Medicare coverage of short-term rehabilitation in a nursing home is about to undergo a major policy change, resulting in beneficiaries with chronic conditions such as Alzheimer’s disease, Parkinson’s disease, ALS (Lou Gehrig’s disease), diabetes, … [Continue reading]
Halloween May Be Scary, But Probate Could Be Your Worst Nightmare!
This is the story of Ella, a client in her mid-fifties whose father recently passed away and whose mother died when she was a child. Her father’s Will stated that his estate, including real estate in Virginia and Florida, and $250,000 in additional … [Continue reading]
Planning for Long-Term Care (Part 5)
The Veteran's Aid and Attendance Pension Benefit The best advice that I can give you when planning for long-term care is not to delay. We never know what the future holds. While we are able, we must prepare for a variety of situations, and so it is … [Continue reading]
Alzheimer’s Study Shows Plaques May Exhibit Bigger Risks than the Gene Itself
According to the American Health Assistance Foundation, more than 36 million people suffer from Alzheimer’s disease, and the amount is projected to increase to 115 million by 2050. More than 100 years after it was first identified, scientists have … [Continue reading]
Gray Divorce is Never Required for Medicaid Asset Protection
Mark and Maura have been happily married for fifty-five years. Mark suffers from advanced Parkinson’s disease and now needs a nurse to attend to his needs for most of the day. Maura has been caring for him at home, but it is becoming clear that she … [Continue reading]
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