Elder Planning – What Taxes Will I Have to Pay When I Retire?

To most, retirement seems like a final destination; you’ve worked your entire adult life and you finally have a chance to sit back, relax and enjoy the rest of your days, living as stress-free as possible. While this vision of retirement may very well be Read More …

Senior Abuse: Top Senior Scams and How to Avoid Them

As unfortunate as it is, it is no secret that tons of financial scams exist that target the elderly population in an effort to rob them of their hard-earned money. Although awareness for these scams is now at an all-time high, thousands of people still Read More …

Elder Law Essentials: Mistakes to Avoid In Elder Planning

One of the benefits of hiring an attorney to draft your estate plan is that the law is highly nuanced, and only a licensed professional will be able to ensure that you have the most comprehensive plan possible. Oftentimes, however, people opt to draft the Read More …

Long-Term Planning: What Happens When You Turn 65?

Time gets us all, and before you know it you’ve celebrated your 65th birthday and thoughts of how you will be spending your retirement days start to cloud your mind. While it’s true that there are some important decisions that need to be made regarding Read More …

How Much Money Can A Spouse Have Before Having To Pay for An Assisted Living Facility?

As couples age, they may reach a point in time when one spouse needs to enter a nursing home while the other is still able to live independently. When the nursing home is paid for by Medicaid, there are special protections under the law given Read More …

When Can You Collect A Deceased Spouse’s Social Security Retirement Benefits?

When Can You Collect A Deceased Spouse’s Social Security Retirement Benefits The social security administration should be notified as promptly as possible when a person passes away. In most cases, the funeral home will report the death, but you can also do this personally by Read More …

How to Select A Quality Nursing Home

Generally speaking, most people prefer to stay in the comfort of their homes for as long as possible. However, as the generations age, many people are faced with the decision of whether or not they will place their aging loved ones in a nursing home. Read More …

Deaf, Mute and Blind- When Is A Person Considered “Incapacitated?”

Generally speaking, a person is considered incapacitated when he or she is no longer able or competent enough to manage his own personal affairs and maintain his or her own physical well-being. Though incapacitation can be the result of a number of mental illnesses, the Read More …

Exploring the Spousal Lifetime Access Trust (SLAT)

Until Death Do Us Part: Exploring the Spousal Lifetime Access Trust (SLAT) What is a Spousal Lifetime Access Trust (SLAT)? The Spousal Lifetime Access Trust (SLAT) is an irrevocable trust that benefits the donor’s spouse and children. Through a SLAT, a donor may reduce a Read More …

The Ethics of Medicaid Planning

Though it originated as a program to help America’s poor, Medicaid has since become one of the main long-term care providers for millions in the middle class. Generally, as most people reach the age of retirement, they realize one of two things: they’re in dire Read More …