We probe into the subject of estate planning frequently here, but estate planning is just one of the things you must consider when you are planning for the future. There are some elder law issues that must be addressed as well if you want to be comprehensively prepared for all of the eventualities of aging. … [Read More]
Spending Down For Medicaid Purposes
Perhaps the most profound story in the elder law community at the present time is the high and rising cost of long-term care. As of the end of 2010 the national average cost for a year in a private room in a nursing home was close to $85,000, and the annual fee for residence in … [Read More]
Do You Have Advance Directives In Place?
There are those who think that they do not need to have an estate plan in place just yet because they don’t have significant financial resources to pass on to their loved ones and don’t have a spouse or children depending on them. And it is certainly true that estate planning becomes more and more … [Read More]
Medicaid & The Rising Costs Of Long-Term Care
The rising costs of long-term care are relevant to anyone who is planning for the future, but just how likely is it that you will ever need this kind of care? In addition, once you reach the age of 65 there’s a 50-50 chance that you will live beyond the age of 85. When both … [Read More]
How Will You Pay For Long Term Care?
When you have your finger on the pulse of the elder law issues of the day, one of things that really gets your attention is the rising cost of long-term care. According to the annual MetLife Mature Market Institute survey for 2010, the average cost for a year in a private room in a nursing … [Read More]
Elder Financial Abuse Is Growing Cause For Concern
Estate planning is one important aspect of the area of elder law, and the fact is that there are many elder law issues emerging at this time due to the explosion of the senior population. The mainstream media has been reporting that there are some 10,000 new applicants for Social Security each day due to … [Read More]
Long Term Care Assistance For Veterans
When you are preparing for the latter stages of your life it can be challenging because there are so many variables involved. How you position your assets is going to vary depending on your liquidity needs and other factors. Since you can’t peer into the future all you can really do is keep yourself informed, … [Read More]
Identifying The Right Long Term Care Facility
Selecting a long term care facility can be an arduous task. We all want the best for our loved ones, and finding the nursing home or assisted living facility that meets your family’s needs is paramount. Fortunately there are resources out there that make this process much easier. For instance [Read More]
What Is A Durable Power Of Attorney?
In estate planning circles people sometimes throw around terminology without explaining it thoroughly because they are so used to these terms they become second nature. Yet, the layman may or may not know what is being referred to, so we endeavor to explain some of the core terms that are commonly utilized in the parlance … [Read More]
Climbing The Mountain Of Age
Those who work in the field of estate planning and elder law must address all of the eventualities of aging. Preparing for these matters involves confronting the reality of death, and in many cases death is preceded by a period of full or partial inactivity and ill health. So it can be natural to consider … [Read More]
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