Naming fiduciaries is an important part of our estate planning efforts. After all, when the time comes, the people we choose are entrusted with various aspects of our estate. While who we choose now may make perfect sense, considering their age is often an oversight and may prove them to be an ineffective choice down the road. In this Elder […]
Medicaid vs. Private Pay: Is the quality of nursing home care the same?
Do people on Medicaid receive the same quality of nursing home care as people who pay privately? The question of Medicaid vs. Private Pay plays close to us when we are wondering about the quality of care our loved one may, or may not, get in a nursing home. Of course, we want what’s best […]
Common Estate Planning Mistake #4: Assuming that you can always change things later
What is good for us today may not be good for us years down the road. So, it’s important to keep this as a consideration and build practical options, such as naming successor agents, into our estate plan. In this Estate Planning Minute, Wes Coulson discusses another common estate planning mistake and the problems that can come from assuming […]
Common Estate Planning Mistake #3: Trying to plan an Estate around specific assets
We don’t know whether or not any particular assets that we own now are still going to be a part of what we own when we die. Planning around these specific assets could potentially prove disadvantageous and conflict with what our true intentions are in our estate plan. In this Estate Planning Minute, Wes Coulson discusses […]
Can a Guardian undertake Medicaid Planning for you?
Can a conservator or guardian undertake Medicaid Planning for someone who has not authorized them to do so with a Power of Attorney? It really depends on where you live if a conservator or guardian may undertake Medicaid Planning for you, however having the proper powers of attorney in place is a relatively inexpensive and definitive way […]
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