Estate Planning and Asset Preservation in Kentucky is key to protecting your legacy—get legal strategies and guidance from Elder Law Guidance.
Most of us are cautious when it comes to taxes. We don’t want to pay more that we should, and we most certainly do not want to evade legitimate taxes and be penalized. So when discussions of the use of Trusts in Estate Planning, Medicaid Planning or Long-term Care Health Care Planning comes up, taxes…
Many seniors and their families don’t use a lawyer to plan for long-term care or Medicaid, often because they’re afraid of the cost. But an attorney can help you save money in the long run as well as make sure you are getting the best care for your loved one. Instead of taking steps based…
“President Donald Trump and Republicans in Congress have committed to repealing and replacing the Affordable Care Act (ACA). How do their replacement proposals compare to the ACA? How do they compare to each other? Plans available for comparison: The Better Care Reconciliation Act of 2017 (PDF) – Updated 7.13.17 The American Health Care Act, as passed…
Grandparents often are particularly generous to grandchildren as they see their family’s legacy continuing on to a new generation. In many cases, grandparents feel they have ample resources and their children or grandchildren may be struggling financially. Assistance with summer camp fees, college tuition, wedding costs or the downpayment on a first home, can relieve…
As baby boomers continue to work past retirement age, age discrimination lawsuits are becoming more common. Two out of three workers between ages 45 and 74 say they have seen or experienced age discrimination, according to AARP. However, experiencing it and proving it are two different things. The federal Age Discrimination in Employment Act (ADEA) forbids…
As a caregiver, you may be exploring your options as to what kind of help will be best suited for you and your loved ones’ needs. Below is an article from agingcare.com to help in your research with Home Care: “The first step in hiring senior services provided in the home is identifying the difference between non-medical home…
We received a newsletter not long ago that introducing 3 steps to Estate Planning. These steps come from the National Network of Estate Planning Attorneys Incorporated, obviously wanting to educate you as the public on the importance of Estate Planning and how I, as an attorney, can help you! It’s not about the documents – It’s about…
The Veteran’s Administration (VA) offers a pension benefit to low-income veterans (or their spouses) who are in nursing homes or who need help at home with everyday tasks like dressing or bathing. The pension, called Aid and Attendance, is currently underused, but impending regulations will soon make it available to even fewer veterans. The new regulations…
We had talked about everything else and now the obvious. “I can help you with all of your planning for your estate and end of life decisions.” “Oh, no! I have all of that taken care of…years ago. I put all of that in place. A Will, a Power of Attorney, a Living Will. I…
Federal law allows Medicaid applicants numerous ways to protect assets. However, few people know about these optons, and advice abounds to simply “spend down all” of the applicants assets in order to qualify for Medicaid Long-Term Care assistance. Following the wrong advice can cost you thousands, if not hundreds of thousands of dollars, that you could otherwise…