If you’re making New Years resolutions this year and still have minor children at home, don’t forget to add naming legal guardians to the list! Statistics show that 69% of parents do not have legal guardians named who can raise their kids if something tragic happens to them. Many assume a family member would step […]
Evan Farr Featured in Newsweek Magazine
The Farr Law Firm is Proud to Announce our Recent Recognitions : Evan Farr was recently featured in Newsweek Magazine, the second-largest weekly news magazine in the U.S. Evan was listed as a “Nationwide Top Attorney” as part of the magazine’s “Nationwide Top Attorneys 2011 Showcase,” a special advertising section. The Nationwide Top Attorneys Showcase can […]
Happy Holidays from the Farr Law Firm!
To all of our colleagues, business associates, and previous, current and perhaps future clients, here is a special Holiday Card just for you! First and foremost, we would like to thank all of you for another productive and prosperous year at the Farr Law Firm. The year 2011 brought about a few changes to the […]
Veterans Aid & Attendance Benefits Increase
Good news! For the first time since 2008, the Department of Veterans Affairs has announced an increase in maximum Aid and Attendance benefits available to veterans of the armed forces. These new figures for 2012 reflect a 3.6% cost-of-living adjustment, effective December 1, 2011: $20,447 per year (~$1,704 per month) for a qualified veteran; $24,239 […]
Estate Planning for Single Adults
When we typically think of estate planning, we see grandma and grandpa putting together a will and possibly setting up some trusts for the following generations. It’s all about providing for our offspring, right? Not necessarily. Even if you are single and/or have no children, a Virginia wills and estates lawyer should still be in […]
Tackling the “Sibling Situation”
Siblings often have trouble agreeing on anything, so why should it be any different when it comes to Mom and Dad’s elder care? Unfortunately those of us in elder law see quite often how families have a very difficult time when it comes to determining what is best for aging parents. In some cases, one […]
Three Tips to Outsmart Timeshare Reps
If you and your family are fortunate enough to go on that well-deserved resort vacation this year, then there is a good chance you’ll find yourself listening to the all-too-familiar ‘timeshare marketing pitch.’ Most people are familiar with the concept of a timeshare, but there is more to it than meets the eye. The repercussions […]
Budgeting for Seniors
Budgeting is part of any effective Life Care Plan and becomes even more important when seniors experience a big life change, such as moving into an assisted living facility, losing a spouse or having a drastic change in health. It begins with an assessment of your resources and your needs. The purpose of Life Care […]
Remembering 9/11
As I’m sure many of you know already, this Sunday marks the ten-year anniversary of the attacks on the World Trade Center and the Pentagon on September 11, 2001 at 8:46 a.m. ET. Instead of writing a typical Elder Law or Estate Planning article this week, I decided to simply pay homage to the occasion […]
Two Lessons from Ovarian Cancer Awareness Month
You may be aware that October is National Breast Cancer Awareness Month. However, fewer people realize that before October, is September: National Ovarian Cancer Awareness Month. More than 15,000 women will die from ovarian cancer this year, slightly less than half the number who will die from breast cancer (about 39,000). The prevalence of all […]
Boomers: Complex Strategies Save Hundreds of Thousands in Long-Term Care Costs
If you know or suspect you are at a high risk for developing cancer – or if you are one of the brave individuals or families already battling the disease – I cannot stress enough how critical it is for you implement a proper Asset Protection Plan as soon as you can. Even for those […]
Natural Disasters Prompt Proper Planning
Where were you, when the “Big One” hit? Well, that’s one way to “shake up” your week! For us East Coasters, Tuesday’s earthquake was certainly an unexpected surprise, and a “big one” for our area. We were all fortunate to have avoided any serious damage or injuries, although we did witness some minor structural damage […]
August is “What Will Be Your Legacy?” Month!
Many of us are so caught up in the here-and-now of the present that we fail to consider our distant future. We may get around to it later in life, after we have lived awhile–wondering what we might be remembered for, or what we will leave behind. Others are born with this innate sense of […]
Think Twice Before Filling Out Back to School Emergency Card
If you have minor children at home, you can expect an emergency card to arrive in just a few weeks from your child’s school or day care facility. The point of this card is to allow you to authorize certain people to pick up your child if you are not able to, for whatever reason. […]
Social Support Activities Lead to Better Quality of Life As One Ages
How important is social support as a person ages? This may seem like an easy question to answer. Most people would not choose isolation and loneliness versus spending time with companions. However, can lack of social support really hinder a person’s overall quality of life? Lack of social support is related to negative impacts on […]
Seniors: Gnashing Your Teeth Over the Cost of Dental Health?
Many adults know they need a living trust – not a will – to allow loved ones to skip the dreaded probate process after they are gone. But a lesser-known reality is that proper Medicaid planning may be necessary to ensure the standard of living does not dramatically change before death. Proper planning can ensure […]
Are you feeling HOT, HOT, HOT?
As I’m sure you’ve heard (and felt!) this week has already shown record-breaking temperatures across the country, and this heat wave is only expected to move further east through the end of this week. Temperatures are expected to break 100 today and tomorrow with a heat index of up to 110! While high heat is […]
Medicaid Benefits and At-Home Care
When it comes time for a child or parent to begin making plans for the beloved but aging senior in their life, the myriad of choices, paths, options and steps to take can seem endless and overwhelming–so much so that many dejectedly assume that nursing home care is the only option. But this isn’t always […]
Aid and Attendance Pension Benefit: What is the “Eligibility Verification Report?”
An important document for the veterans entitled to the Aid and Attendance benefit is a form called the “Eligibility Verification Report” (EVR) which VA sends at the beginning of the year and must be filled out every year in order to continue receiving benefits. Even when someone receives help from a loved-one when it comes […]
Parent of a Graduating Senior? Avoid this “Nightmare” Scenario
Your graduating senior may always be your baby, but in the eyes of the law, he or she is now an adult. You need to understand that you can no longer make important medical or financial decisions for your child without their permission. This can be problematic when your adult child still is relying on […]
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