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 … [Read more...]

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 … [Read more...]

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 … [Read more...]

Top 20 Most Vital Pieces of Knowledge American Families Must Know for Their Own Financial Well-Being

These facts and insights are meant to educate you on the following family matters: The dire financial risks of failing to plan properly in light of future long-term care expenses; The functions of the most common estate … [Read more...]

The Reverse Mortgage Saga Part 5: “How the Farr Law Firm is Helping Clients Stay at Home”

“Presume not that I am the thing I was,” wrote William Shakespeare in the play, 2 Henry IV, reminding us that nothing stays the same. On the personal side, we all change over time; our families and our other assets grow and … [Read more...]

Will the Government Pay for My Long Term Care?

A study by the U.S. Department of Health and Human Services says: "people who reach age 65 will likely have a 40 percent chance of entering a nursing home.  About 10 percent of the people who enter a nursing home will stay there … [Read more...]

Long-term care premium increases soar: Elder law attorneys become the go-to professional

Long-term care insurer John Hancock has begun the process of seeking sharp premium increases nationwide for certain types of coverage.  Initial reports from shocked policyholders surfaced in two midwestern states that have … [Read more...]

Free Seminar: Who Will Pay for Your Long-Term Care?

Many people approach estate planning attorneys in order to determine how their assets will be divided among survivors after their death. Unfortunately, a huge number of them skip a step and don’t take the high likelihood of … [Read more...]

Case Example: Importance of a Properly Drafted Irrevocable Income-Only Trust

Some attorneys and others interested in the field of Medicaid Asset Protection may have been a bit worried about a recent case arising out of Wisconsin -- Hedlund v. Wisconsin Dept. of Health Services (Wis. Ct. App., No. … [Read more...]

Do You Love Your Family? Most Important New Year’s Resolution

This year, instead of settling on a resolution solely aimed at self-improvement, resolve to do something to benefit everyone you love.  Many people avoid discussions about long-term care; the unfortunate news is that long-term … [Read more...]

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