It’s really sad when a loved one starts forgetting family member’s names and the importance of decorating for someone with Alzheimer’s becomes more necessary. Whether that loved one is in a nursing home or still at home, they can benefit from this idea that came out of planning sessions with some of our clients. Get […]
Should An Unmarried Couple Get Married If One Partner Needs Long-Term Care?
We occasionally get the question about whether or not an unmarried couple should get married if one of them needs long-term care. This question may seem unusual, but in the case of couples who have gotten together later in life and didn’t marry to honor a spouse they are widowed from, or in the case […]
Choosing The Right Level Of Care For Your Loved One With Alzheimer’s
Choosing the right level of care for your loved one can be daunting. Older adults and adults with Alzheimer’s typically want to remain in their own homes for as long as possible, sometimes at risk of their needs not being fully met or of having insufficient resources available to meet them. Considering all options is […]
Asset Preservation Planning and Financial Powers of Attorney: Why yours may not stack up at a critical time
What financial powers of attorney include and don’t include can end up making a tremendous difference at a critical time. For people concerned with asset preservation planning, this is incredibly important. Think of the financial power of attorney as a tool kit, one that you’re building for the person that you’re naming as agent to do things […]
Married Couples and Medicaid: Your Residence
The opportunity to protect your residence when one person of a married couple goes into a nursing home is different, consistent with Medicaid eligibility, than if you are a single couple. For married couples, while the spouse who is going to apply for Medicaid can only keep $2,000 worth of assets, the spouse who is not in […]
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