You never know when a serious illness or accident will occur; hence, the importance of having a health care proxy. Equally important is your choice of an agent to make health care decisions on your behalf if you should become incapacitated. About the Health care Proxy...
Preserving & Protecting Your Family’s Assets & Legacy
Year: 2022
What documents convey my wishes when I cannot?
There are times in our lives when we cannot convey our wishes as well as we would like. Perhaps a car accident, fall or illness led to a brain injury that leaves us in a coma or unable to communicate. Whatever the reason for the inability to share our wishes, we can...
Do you need a plan to cover future nursing home costs?
Financial advisors long told people that a million dollars would be enough to fund their retirement, but that is not always the case. There are some individuals who will require far more support and incur far more expenses during their golden years than others. Living...
Injuries can develop after an accident
When you suffer from a personal injury, it can be tempting to take legal action immediately. However, your initial injuries could appear smaller, but then grow with time. It’s best to wait until you know the extent of your injuries, so you get the total compensation...
Different types of estate proceedings: small estates, probate and administrations
Upon a person’s death, it is important to understand whether an estate proceeding is even necessary in the first place to access the decedent’s assets, and if so, which type of proceeding is required. The type of estate proceeding that may be needed depends on a...
How the Senior Safe Act could help protect an elder’s assets
Congress passed the Senior Safe Act in 2018 to help prevent financial exploitation of older U.S. citizens. As noted by AARP, the Act encourages employees of financial institutions to report suspicions of elder abuse. A review of a senior's account history and recent...
Do you need an advance health care directive?
An estate plan can encompass a lot of parts including a Will, Trust and Advance Directives (such as a Power of Attorney and Health Care proxy). A Health Care Proxy allows you to appoint someone you trust to make health care decisions for you at a point when you can no...
How Needs are Assessed for Medicaid Long Term Care Eligibility
Despite thoughtful retirement planning, many people struggle to pay for long-term care in their later years. Individuals may have generous pensions, social security, and retirement funds, but find that the cost of home care or nursing home care can quickly exhaust...
What is the Excess Income program?
Medicaid has restrictions that prevent certain income levels from qualifying. However, Medicaid offers a program called the Excess Income program. Otherwise known as the Surplus Income program or Spenddown program, the goal is to provide Medicaid for people who have...
What can you expect from TBI treatment?
Experiencing a traumatic brain injury can affect your entire life. Your road to recovery depends on the diagnosis and severity of your injury. According to the National Institutes of Health, various treatments may eliminate different emotional, physical and cognitive...