One way to protect some of your assets from Medicaid if you have to go into a nursing home is to use a pre-paid funeral trust. Continue reading →

“Where is Dad’s will?”, is one of the most common questions heirs have after someone’s death. That is why it is so important to make sure that your heirs have a copy of the will as part of your estate planning. Continue reading →

Cyber Monday is upon us. And while great bargains can be found, senior citizens need to be careful online. Continue reading →

The primary focus of Medicaid planning is to protect your assets from a nursing home. But people don’t often realize WHY they want to do that. Continue reading →

You can make a Medicaid application yourself. But why do that? Continue reading →

Although it’s regrettable, it happens. A terrible rift develops between a parent and child and the child no longer has any contact with the parent. In those cases, you may want to consider drafting your estate plan so that child doesn’t get an equal share. Continue reading →

I am always asked the question, “Can’t I just give it to my kids.” And my answer always is, “You do not want to do that.” Continue reading →

Many people, after death or divorce, find themselves in second marriage, with a spouse that also has children. In that situation, Estate Planning is critically important, if you want to make sure that your children actually end up receiving any of your estate. Continue reading →

A recent story from New York shows why unmarried couples need to have good estate planning. The story below, from the October 25, 2016 issue of The Advocate, shows the problems that an individual is having after his partner’s death. Although gay marriage is now legal, which can help alleviate some of these problems, there are still numerous people, regardless of orientation, who live as partners without being legally married. Individuals in that situation need to make sure they have good estate plans in place, to protect their partners after death. Continue reading →

The good news is the nation’s average lifespan keeps lengthening. The bad news: healthcare costs increase exponentially as we get older. Many elderly and ill individuals require lengthy stays in nursing home facilities, which can cost over $75,000 per year. Medicare may cover some medical expenses but many people require Medicaid to pay for long-term care. The eligibility requirements are strict — you may need the help of a Medicaid lawyer in Louisville, KY to find out if you qualify. Continue reading →