Is your power of attorney for financial affairs over 10 years old? If it is, you may want to have it checked by an Elder Law attorney in your state. If one or both spouses are heading towards long term skilled nursing, having the proper power of attorney may enable them to move assets around…
A trustee is a legal term used in estate planning. The trustee is the person or persons who manage the decisions and fulfill the purpose of a trust. It is usually the surviving spouse when the first spouse passes away and then another party when the last surviving spouse is gone. The goal is that…
I often talk with couples where one spouse needs full time skilled nursing care. Medicare is pretty good when treating illnesses, but if a patient cannot get well enough to care for themselves, they will be facing the prospect of long-term skilled care. There are three basic ways to pay for long-term skilled nursing…
I met with a couple in their mid-thirties last week. They are planning their first vacation without their small children and realized they had no written estate planning documents. Frantic, they came to me to get a will or something “simple” to “cover” them in the event they both died in some tragic accident. After…
Have minor children? You should have a written Legal Guardian document to be sure the person(s) you wish to care for your children is first in line. Without a properly drafted and signed guardianship designation, your children will be caught up in the court system where the court will determine who has the legal right…
3 Reasons you should consider an Elder Care Law Attorney 1. You’re getting a specialist. Their practice concerns explicitly legal matters unique to elders. Elder law state laws are quite specific, and their administration may differ from one state to another. You need a Elder Law attorney to interpret these rules. 2. You’re getting an attorney with specific…
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