In this Elder Law Minute, Wes Coulson, Illinois and Missouri Elder Law attorney, discusses an important and sometimes overlooked subject and that is life insurance in the context of establishing Medicaid eligibility to help pay for nursing home costs. ? Life Insurance and Medicaid Eligibility: How It’s Handled Can Have Huge Consequences Transcript: Hi, this is Wes […]
All of My Assets Have TOD, POD or Joint Tenancy. Do I Still Need a Will?
In this Elder Law Minute, Wes Coulson, Illinois and Missouri Elder Law attorney, discusses Transfer on Death or TOD accounts, Payable on Death or POD accounts, and Joint Tenancy accounts, and why they don’t take the place of a will, can result in a very distorted estate plan and possibly end up doing more harm than good. All […]
How to Help Prevent Elders From Being Victims of Scams
In this Elder Law Minute, Wes Coulson, Southern Illinois Elder Law attorney passes along five practical tips to seniors, or your senior loved ones, for keeping them from being victims of scams. ? How to Help Prevent Elders From Being Victims of Scams Transcript: Hi, I’m Wes Coulson and this is your Elder Law Minute. I want […]
Can I Disinherit My Spouse in My Will?
In this Elder Law Minute, Wes Coulson, Illinois and Missouri Elder Law attorney, discusses why someone may want to disinherit their spouse from their will and offers advice on how to still provide for a spouse in a nursing home without causing them to lose Medicaid eligibility or the money they may have inherited. ? Can […]
“We aren’t interested in inheriting anything, we just want to make sure Mom is well-cared for”
In this Elder Law Minute, Wes Coulson, Illinois and Missouri Elder Law attorney, discusses how people can set money aside to be able to assure that their loved one is going to receive the best quality of care throughout the rest of their life through Asset Preservation Planning. ? Asset Preservation Planning “We aren’t interested in inheriting […]
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