Blog

Isn’t It Time to be Concerned About Your Privacy?

In today’s world, there is an increasing risk of privacy violations in which personal, sensitive information may be exposed and your identity stolen, setting in motion a nightmare scenario that can haunt you and your loved ones for years to come.

10 Ways the Elderly Can Avoid Financial Abuse

Increased dependency due to illness, disability or cognitive impairments can make seniors susceptible to financial abuse. Nest eggs accumulated over decades also often make seniors attractive targets for predators, whether the predator is an offshore bogus sweepstakes or a care provider who sees an opportunity to be paid more than an hourly wage.

VA Establishes Asset Limits and Transfer Penalties for Needs-Based Benefits

The Department of Veterans Affairs (VA) has finalized new rules that establish an asset limit, a look-back period, and asset transfer penalties for claimants applying for VA needs-based benefits. This is a change from current regulations, which do not contain a prohibition on transferring assets prior to applying for benefits such as Aid and Attendance.

Working With an Elder Law Attorney and Geriatric Care Consultant

The prospect of a loved one becoming disabled, incapacitated, or entering into a Long-Term Care (“LTC”) nursing facility is daunting. There are myriad, deeply-complex issues to navigate through to identify and provide the appropriate and compassionate level of care for a spouse or elderly parent in dire circumstances.

How the Age Wave Will Transform Health, Longevity and Medicine

This is an excellent presentation by Ken Dychtwald on the challenges facing our society and the health care sector due to our aging population.

The Ten Most Avoidable Estate Planning Mistakes

Only 4 in 10 Americans have an estate plan in place, and many of those have the wrong estate plan. Estate plans are not just for the rich and famous. Most people have at least one thing of value, such as money in the bank, a car or a home. Far too often, people make the mistake of failing to properly plan for economic security for their families should they encounter incapacity or death.

5 Things to Have Before Your Kids Go Off to College

May is graduation month. This is a time when many of you may be celebrating your child's academic achievements, and even getting ready to send them off to college. During this hectic and emotionally tumultuous time, you may be all-consumed with helping prepare your soon-to-be college student for the next phase, causing you to overlook important estate planning matters.

Proving a Transfer was Made for a Purpose Other Than to Qualify for Medicaid

Medicaid law imposes a penalty period if you transferred assets within five years of applying, thus increasing your burden to pay for long-term care. But what if the transfers had nothing to do with Medicaid? It is difficult to do, but if you can prove you made the transfers for a purpose other than to qualify for Medicaid for long-term care (LTC), you can avoid a penalty.

Often Forgotten Provisions to Include in Your Estate Plan

Even if you’ve created an estate plan, are you sure you included everything you need to achieve lifetime protection and peace of mind? There are certain provisions people often forget to put in a will or estate plan that can have a big impact on your family.

Would you like to schedule a time to discuss?
We have a wealth of experience in Wills, Living Trusts, Geriatric Care Planning and Estate Planning.

 WesolickLawFirm@gmail.com

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