Are you a senior who suddenly finds the need to apply for Medicaid? If so, you are not alone. The high cost of long-term care often causes seniors who have never before needed to rely on Medicaid to turn to the program for help. If you find yourself in just such a position, the Glastonbury … [Read More]
Clarity is Key to Planning
Clarity is essential in an estate plan. This article examines the case of Tom Petty, what he did right and what he did wrong. It shows that clarity can avoid problems later. [Read More]
Consequences of Modifying an Irrevocable Trust
Irrevocable trusts often can be modified. They can be modified under the Uniform Trust Code or a state law decanting. While these modifications may be determinative of the state law consequences, they may not determine federal tax consequences. Read on to learn more. [Read More]
Why Crowdfunding May Cost You Medicaid Eligibility
Each year, crowdfunding websites raise money for causes. Did you know such a website could impact your eligibility to receive Medicaid? Read on to learn how crowdfunding can impact Medicaid eligibility. [Read More]
Many Reasons to Plan
Each of us will die eventually. This article looks at how planning can make our passing easier for our loved ones. Specifically, this article looks at how planning can maintain privacy for your loved ones. [Read More]
What Type of Power of Attorney Do I Need?
A Power of Attorney (POA) is one of the most common tools used in estate planning as well as in other areas of the law. As such, there is a very good chance that you will have a need for a POA at some point during your life. Deciding which type of POA you need … [Read More]
What Are the Advantages and Disadvantages of a Living Trust?
Like many people, you may have considered including a living trust in your overall estate plan. In fact, a living trust is one of the most common of all estate planning tools, due in large part to the numerous goals that can be furthered using a living trust. Although you should always consult with an … [Read More]
How Do I Apply for Medicaid in Connecticut as a Senior?
Like many seniors, you may have managed to go through your entire life to date without ever even considering the need for Medicaid benefits because you were fortunate enough to be covered by employer-sponsored health insurance. If you now find yourself faced with the need to qualify for Medicaid to help cover long-term care costs, … [Read More]
Signs of Nursing Home Abuse
The older population in the United States is growing at a historical rate, due in equal parts to the Baby Boomer generation reaching retirement and the simple fact that the average life expectancy in the U.S. has almost doubled in the last century. The increase in seniors has caused a corresponding increase in issues that … [Read More]
How Does a Living Trust Work to Protect Against Incapacity?
Creating a comprehensive estate plan to ensure that your estate assets are distributed according to your wishes is certainly important. What you may not realize, however, is that planning for the possibility of your own incapacity is equally important. The Glastonbury living trust lawyers at Nirenstein, Horowitz & Associates, P.C. explain how incorporating a living … [Read More]
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