Get a jump on some of those financial New Year’s resolutions you’ll be making. Join us for our Financial Wellness Event on January 14, 2013 from 6-7:30 p.m. RSVP today! At the start of every year, much attention is given to setting goals and making plans for personal improvement. Keeping a watchful eye on personal […]
Clients and Friends: Join Us for The Farr Law Firm Holiday Open House Tomorrow
Dear Clients and Friends, Join us for some holiday cheer tomorrow from 1-5 p.m.! Tuesday, December 18: The Farr Law Firm Holiday Open House 1-5 p.m. 10640 Main Street, Suite 200 Fairfax, VA 22030 Click to RSVP for this event or call 703-691-1888.
Estate Planning Services May Be Tax Deductible
As the end of the year draws near, many of us are paying close attention to tax deductions. Did you know that if you met with an estate planning attorney within the past year, your legal expenses may be tax deductible? In both Merians v. Comm’r, 60 TC 187 (1973) (involving estate planning using an […]
Special Needs Planning is a MUST for Families Facing Special Needs
Special Needs Education Day and Special Kids Day are both during the First Week of December! Learn more about Special Needs Planning and enjoy delicious refreshments at our monthly client appreciation event on December 11. Find out more and RSVP here. Alexandra and Steve have two children – Samantha, age 10 and Peter, age 3. […]
Health Care Reform Act: Good News for Seniors
The Office of the Assistant Secretary for Planning and Evaluation (ASPE) has released a report that demonstrates the benefits senior citizens are expected to receive as a result of new health care reform. The average senior citizen enrolled in “traditional Medicare” will save roughly $3,500 over the next decade, according to Senior Journal. The mechanism […]
Top Ten Reasons for Seniors to be Thankful this Year
This week, and every day, we should take time to be thankful for the blessings we have. On Thanksgiving, think about the people and things in your own life such as your family, friends, and loved ones, that make you thankful! Below are some recent legal news topics that make us and many of our […]
Happy Thanksgiving From Your Family At The Farr Law Firm
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, multiple sclerosis, hypertension, arthritis, heart disease, and stroke no longer need to show ongoing improvement to maintain Medicare coverage. For decades, […]
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 imperative not just to plan for long-term care, […]
Planning for Long-Term Care (Part 4)
The most important thing that you can do in planning for future contingencies is to act now. The future may hold limited resources or health problems for you and either one of these may prevent you from taking care of the things that you can easily achieve today. In Part 1 of this series, I […]
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 over a prolonged period of time. Long-term care can consist of care […]
Planning for Long-Term Care (Part 1)
Are you one of the millions of Americans over age 50 who has not yet started planning for long-term care? As financially responsible adults, most of us are prepared for some unexpected disasters – we pay for health and property damage insurance, and many of us have taken some steps toward funding for our retirement. […]
The “Power” of Peace of Mind
Incapacity Planning is perhaps the most fundamental type of estate planning and yet it is also the most important. Life is unpredictable; even someone in perfect health can become incapacitated from an accident or unforeseen medical condition. If the unthinkable should happen, who would be in charge of making the most important decisions related to […]
It’s the Big Day! “Protect and Defend!” is FINALLY Here! Get your Bonuses TODAY!
Today is the big day! Evan Farr’s new book — “Protect and Defend” — is available NOW! “Protect and Defend” is the book that Evan has been working on for the past 8 months along with several of America’s other leading attorneys. This new book delivers to you practical advice based on the combined years of […]
The Reverse Mortgage Saga Part 6: “How One Reverse Mortgage Lender is Helping Americans Stay at Home”
With those fees no longer a deterrent, will the industry come back to life? Perhaps, but only if people are able to jump the “competency” hurdles. If more elder law attorneys provide POA clients with Affidavits of Competency to get signed contemporaneously with the POA signing, then maybe, just maybe, we will see this graph reverse its’ current trend.
The Reverse Mortgage Saga Part 5: “How the Farr Law Firm is Helping Clients Stay at Home”
When our clients come in to sign their Incapacity Planning documents (including their POA), we provide them with an Affidavit of Competency to give to their doctor to certify competency as soon as possible after the document signing, thus satisfying the first major “competency” hurdle.
When a Nursing Home is the Best Choice for Everyone
As the Baby Boomer generation ages, more and more families are struggling to live with a loved-one suffering from Dementia or Alzheimer’s disease. While memory loss can be a frightening experience for an aging parent or grandparent, its’ impact on the family can be equally frightening, particularly when there are young children in the home. […]
Making the Nursing Home Choice
While placing a loved one in a nursing home is a difficult decision, there may come a time when it is the right one. It will help if you do your homework and trust your instincts. According to the Department of Health and Human Services, the nation’s nursing homes provide care to over 1.5 million […]
Will the Government Pay for My Long Term Care?
“people who reach age 65 will likely have a 40 percent chance of entering a nursing home.
Online Estate Planning: Is It Enough?
Trust lawyers are well aware of the variety of online estate planning tools available to those in Virginia and beyond, such as Quicken WillMaker, LegalZoom and Rocket Lawyer. The variety of products available can create a false sense of security, however, when an individual believes he or she has made adequate plans for the estate. […]
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