By protecting assets, you may be able to qualify for Medicaid nursing home benefits. Read these tips for protecting your assets from nursing home costs. Did you know that almost 70% of seniors will need long-term care assistance at some…
Did you know you should protect your deceased loved one from identity theft? A decedent is vulnerable to identity theft for several reasons, typically, the family is in mourning and not paying close attention to the decedent’s personal information or…
I have been named Trustee – now what? Have you been named as Trustee of a loved one’s trust or perhaps the Personal Representative? Do you know what to do or where to turn? Administration of a trust or an…
We recently reviewed some of the FBI's Common Fraud Schemes. Senior Citizens especially should be aware of fraud schemes for the following reasons: Senior citizens are most likely to have a “nest egg,” to own their home, and/or to have excellent…
Whether you have spent the last days of your loved one’s life next to their side, or if you have received a 2:00 a.m. phone call, you may feel numb and bewildered, and knowing what to do next may seem…
What is "funding" your revocable living trust? Funding your trust is the process of transferring your assets from you to your trust. To do this you change the title of your assets to the name of your trust. How difficult…
In long term care asset protection planning, there are three questions to ask of how we are going to pay for our care: 1) Pay the costs out of your own pocket (decreasing the size of the estate your children…
The Merck Manual of Health & Aging offers the following strategies for avoiding caregiver burnout: Learn about the cause, symptoms, and course of the person’s condition. Anticipate changes. Let the older person make his own decisions and solve problems if…
Do you know what happens with your assets if you pass away without a will? Do you wonder if the State will take ownership of your assets? If you die without a will, assets that are owned in your individual…
It can be difficult caring for a parent or a loved one from another city or even state. Here are 3 practical tips that should help you find people and services that can help. Be Observant - Is your loved…