Category Archives: Estate Planning
The Child Caregiver Exception To Medicaid Transfer Rules
The cost of going to a nursing home can make it impossible for many elderly people to receive the professional care they need. If the nursing home care is deemed necessary, one way to pay for this care may be through Medicaid. However, because there is a financial test for eligibility, many people may… Read More »
Applying A Denial Of Aid And Attendance Benefits
Veterans who qualify for aid and attendance benefits and receive an initial letter denying their application are sometimes advised not to file an appeal as their first course of action following the denial. This advice is usually in contrast to the directions or instructions noted on the denial notice letter. In many cases, the… Read More »
Will Challenges Based On Fraud And Undue Influence
When a testator (the person making a will) dies and the contents of his will are revealed, there are some family members who may seek to contest the will for various reasons. In some cases, the will challenge is based on a feeling that the challenger should have received a larger bequest. However, sometimes,… Read More »
How Guaranteed Are Pensions?
In most cases, pensions are better for employees than most company offered 401K plans. Today most pension plans in private companies have been phased out in favor of the 401K plans, and fewer employees have what was traditionally considered a guaranteed pension. For those receiving pensions, there may be a feeling that their pension… Read More »
Military Members Taking Advantage Of The Thrift Savings Plan
Some employees who work in the private sector have access to 401k plans to save for retirement. These plans replaced most, if not all, traditional private company pensions, and have their benefits as well as their disadvantages. Government workers usually have different plan options that are similar to 401k plans and allow for retirement… Read More »
Estate Planning With Children With Special Needs In Mind
When parents with special needs children decide to put together an estate plan, they are not just thinking about how they will be taken care of in the later stages of life, or how their affairs will be handled after they pass away. They have to consider their children in all aspects of their… Read More »
Can I keep My Will And Trust Documents Private During My Lifetime?
There may be a variety of reasons that many people want to keep private the plans they have made for the distribution of their property after their death. Once someone has decided who she wants to leave her assets to after she passes away, she may be worried about other people finding out and… Read More »
Can A Will Distribute Property Already In A Living Trust?
Most people who have at one point or another sought advice on estate planning have heard of wills and trusts, and been advised that is wise to have one or both in order to have a solid plan in place. While having both a will and a trust can be wise, taking care to… Read More »
Designating A Person To Make Decisions For You In The Event Of Incapacitation
Part of making a comprehensive estate plan is ensuring that you designate trusted people who can make certain key decisions for you when you are incapacitated and unable to make the decisions for yourself. These decisions can be made on issues affecting your general legal, financial, and even medical affairs. There are different ways… Read More »
Veterans’ Benefits And Daily Assistance For Spouses
Benefits for veterans who require assistance with daily activities are available to those who meet the basic requirements for aid and attendance benefits. Aid and attendance benefits are added to a monthly veteran’s pension amount, and cannot be applied for or received separately from the pension. A qualifying veteran can use the aid and… Read More »
