Category archives: Elderly
-
-
-
8 years ago
-
Some people become disabled as the result of a work-related illness or injury. In these cases, the individual may be eligible for both Social Security Disability Insurance (SSDI) and workers’ compensation benefits. Unfortunately, their total benefits may be limited by what is known as the “workers’ ... [read more]
-
-
-
-
8 years ago
-
One question that we're often asked by clients is if they will be financially able to cover the expenses related to long term care, if needed. Our answer is that with proper Estate Planning they can be prepared to meet the needs that may arise for either at home or nursing home care.
Our compassion... [read more]
-
-
-
-
8 years ago
-
Medicaid has strict asset rules that compel many applicants to "spend down" their assets before they can qualify for coverage. It is important to know what you can spend your money on without endangering Medicaid eligibility.
In order to be eligible for Medicaid, applicants must have no more ... [read more]
-
-
-
-
8 years ago
-
One question that we're often asked by clients is if they will be financially prepared for retirement. Our answer is that with proper Estate and financial planning, they can plan to meet the income necessary for the different phases of their lifetime while also considering their family's current and... [read more]
-
-
-
-
8 years ago
-
If you will soon turn 65 and will be applying for Medicare, you should carefully consider which Medigap policy to enroll in because two of the most popular plans will be ending soon. In 2020, Medicare beneficiaries will no longer be able to enroll in Plans F and C.
Between copayments, deducti... [read more]
-
-
-
-
8 years ago
-
One question that we're often asked by elderly or ill clients is if he or she can create a personal service agreement to financially compensate their caregiver for the services they provide. Our answer is that a personal services contract is an excellent way to formalize this arrangement, which can ... [read more]
-
-
-
-
8 years ago
-
Next year, Social Security recipients will see a 2 percent raise in benefits, the largest increase in six years.
For Social Security Disability Insurance (SSDI) recipients, the average monthly benefit will go up from $1,170 to $1,180, not including people who are blind, for whom the monthly r... [read more]
-
-
-
-
8 years ago
-
As we enjoy Celebrating Christmas and the Holiday season this and next week, our office is still open with limited hours, to allow us to spend time with our families and loved ones--and help you with your Elder Law and Estate Planning needs. With the end of 2017 upon us, and a New Year approaching, ... [read more]
-
-
-
-
8 years ago
-
Families of people with special needs often face unusually high travel expenses. Medical emergencies or other unforeseen circumstances may require travel to care for their loved ones at a moment’s notice. Or family members may simply need to travel in order to visit the person with special needs.
... [read more]
-
-
-
-
8 years ago
-
We're often asked what it means to be an Elder Law Attorney, and if it is the same as being an Estate Planning Attorney. Our answer is that while Estate Planning is an important aspect of Elder Law, an Elder Law Attorney is concerned with much more than just creating Wills and Trusts. Elder Law Atto... [read more]
-
-
-
-
8 years ago
-
We are often asked by clients if they need to establish a Qualified Income Trust to be eligible for Medicaid so they can cover the high costs of long-term nursing home care. Our answer is that if their gross monthly income exceeds the current limit of $2,205, a Qualified Income Trust (also called a ... [read more]
-
-
-
-
8 years ago
-
You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the best way to protect it.
Although you generally do not have to sell your home in order to qualify for Med... [read more]
-
