Why Hire an Elder Law Attorney?
Medicare Part B Premiums, Deductibles Going Back Up in 2024
In 2023, seniors were happy to see their Medicare Part B standard monthly premiums and annual deductibles go down for the first time in more than a decade. Unfortunately, that’s not the case for 2024, when these charges will be back on the rise.
What Does “Medicaid Pending” Mean?
Medicaid Pending status means that your application or your parent’s application has not yet been approved or denied. Essentially, your application is in limbo.
Selling Your Life Insurance Policy to Help Cover Expenses
The National Council on Aging reports that more than 16.5 million adults 65 and older experience economic insecurity. Rising housing and health care bills can also burden seniors on fixed, limited incomes.
Medicaid Estate Recovery and Medicaid Payback Rules
Under Medicaid law, following the death of the Medicaid recipient a state must attempt to recover from his or her estate whatever benefits it paid for the recipient's care.
When Does Someone Need Financial Guardianship?
When individuals cannot manage their finances, courts can appoint guardians. Financial guardianship is for those who need help handling money.
An Overview of Grantor-Retained Income Trusts
In estate planning and wealth transfer, people sometimes seek strategies that preserve their assets as well as provide them with financial benefits for life. One such strategy is the grantor-retained income trust (GRIT). GRITs offer a unique opportunity for individuals…
Living Wills Address Which Situations?
If you become incapacitated, your living will provide instructions regarding medical preferences. Incapacity can happen for many reasons, including an accident, an illness rendering you too sick to communicate, dementia, anesthesia, a stroke, a coma, and more. While you are…
The Importance of Passing on Family Values
Family values and assets can be difficult to address and legally formalize, especially if parents wait too long to begin instilling them. Undoubtedly the best time to teach and empower your children as eventual inheritors of your family legacy is…