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Most long-term care involves assisting with basic personal needs rather than providing medical care.
Read More »In recent years a number of non-lawyers have started businesses offering Medicaid planning services to seniors. While using one of these services may be cheaper than hiring a lawyer, the overall costs may be far greater.
Read More »PACT Act for Veterans Exposed to Toxins Passes
Read More »When applying for Medicaid’s long-term care coverage, in addition to the strict income and asset limits, you must demonstrate that you need a level care typically provided in a nursing home.
Read More »Anyone who gifted assets within five years of applying for Medicaid may be subject to a penalty period, but that penalty can be reduced or eliminated if the assets are returned.
Read More »Increasingly, several generations of American families are living together. These multi-generational living arrangements present legal and financial challenges around home ownership.
Read More »Do you have a will? A durable power of attorney? A health care proxy? If not, why not? Failure to create an estate plan risks causing discord in your family for generations to come.
Read More »There are lots of misconceptions about estate planning, and any one of them can result in costly mistakes. Understanding who needs an estate plan and what it should cover is key to creating a plan that is right for you.
Read More »Although your life insurance policy may pass to your heirs income tax-free, it can affect your estate’s tax liability.
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