Estate Planning | Making a Difference One Family at a Time

Why Is a Durable Power of Attorney Different?

eventualities of aging, you should consider the possibility of future incapacity. While this may not be the most pleasant subject to address, it is important to take action to protect yourself, because incapacity is quite common among elder Americans. Understand the Facts When you are capable of making your own decisions all of your life, … [Read More]

Inheritance Tax Myth Debunked

estate taxes, and you may assume that an estate tax and an inheritance tax are the same thing. In fact, these are two different forms of taxation. In this post we will explain exactly who must pay inheritance taxes, and we will also look at the differences between an inheritance tax and an estate tax. … [Read More]

Medicaid and Medicare: What’s the Difference?

obtain eligibility. This is the most profound difference between the two programs from an elder law perspective. Qualifying for Medicaid Coverage Since Medicaid is only available to people who can prove that they are financially needy, there is a limit on countable assets. This limit is $2000 for an individual, but your personal effects and … [Read More]