10 Ways the Elderly Can Avoid Financial Abuse
Increased dependency due to illness, disability or cognitive impairments can make seniors susceptible to financial abuse. Here are some steps seniors or their loved ones can take to prevent financial abuse.
The Five Components of a Good Estate Plan
Many people believe that if they have a will, their estate planning is complete, but there is much more to a solid estate plan.
Pros and Cons of a Medicaid Asset Protection Trust
A MAPT is one option a person may use to protect their assets from Medicaid and nursing homes or long-term care. Consider some pros and cons of MAPTs to see if this long-term care strategy is right for you.
An Elder Care Lawyer Can Help You Get Medicaid Home Care
Takeaways
Many seniors prefer to age in place with home care assistance.
Medicaid can provide financial assistance for home care, but eligibility requirements vary by state and can be complex.
Elder care lawyers can help seniors navigate Medicaid planning, the application process, and…
Protecting Your Parents’ Assets From Nursing Home Costs
Takeaways
Nursing home care costs have been rising over time, with many older Americans who require long-term care unable to afford it.
With proper planning, seniors may be able to rely on Medicaid to pay for this care – and still…
Wendy Williams Case Shines Spotlight on Guardianships
Takeaways
Guardianships may be necessary to protect individuals with cognitive impairments, but they can also limit personal freedom and autonomy.
Wendy Williams’ guardianship case highlights the importance of legal representation and proactive estate planning.
Dementia is on the rise and is affecting millions of…
Per Stirpes vs Per Capita: What Do These Mean in a Will?
Takeaways
“Per stirpes” and “per capita” are terms used in estate planning that refer to the distribution method for the assets of a deceased person to their heirs.
The distinction can significantly affect how assets are shared among family members. When…
Spring Cleaning for Your Estate Plan: Review and Revise
Takeaways
Regularly reviewing and updating your estate plan is crucial to ensure that your money and property will be managed and distributed according to your wishes and that your health care preferences are followed.
Changes in life events, financial status, health, and…
Green Burials, Eternal Reefs, and Your Estate Plan
Takeaways
The evolution of burial practices reflects shifts in cultural values, religious beliefs, environmental awareness, and technological advancements.
Eco-friendly and innovative body disposition methods, such as green burials, reef burials, and space burials, are gaining popularity.
As societal attitudes continue to evolve, the…
Wealth Building With Cryptocurrency: A Generational Divide
Takeaways
Many older Americans shy away from cryptocurrencies as an investment vehicle for their retirement.
Millennials and Gen Z also view cryptocurrencies as risky — but as a risk worth taking.
We’re living in an increasingly digital world where virtually all areas of…
