When considering how you will pay for nursing home costs, most people think of the following sources of payment: their income, their assets, maybe Medicare, maybe Medicaid and long term care insurance. They are certainly correct in thinking that their income and assets can pay for a nursing home. Long term care insurance will often pay depending on the policy coverage. Medicaid will pay for … [Read more...] about Does Medicare Pay for Nursing Home Costs?
Does Medicare Pay for Nursing Home Costs? (Audio)
"Does Medicare Pay for Nursing Home Costs? " by Attorney Jon J. Gasior … [Read more...] about Does Medicare Pay for Nursing Home Costs? (Audio)
The Importance of Having Your Estate Planning Documents Reviewed When Moving Out of State
Whether you’re moving out of the state or recently moved to Maryland, it is important to have your estate planning documents reviewed after you are settled in a new state. Generally, a will executed outside of Maryland will be valid here if it is in writing, signed, and was executed in conformity with the other state’s laws. However, other estate planning documents are state specific. Trusts … [Read more...] about The Importance of Having Your Estate Planning Documents Reviewed When Moving Out of State
Family Incentive Trust is Alternative to Disinheriting
Recent headline news reported that actor Philip Seymour Hoffman left his entire estate to his girlfriend and nothing to his three young children, therefore disinheriting them. It is reported that he did not want to create “trust fund kids”, or kids that live off a trust and never have to earn a living for themselves. Through Mr. Hoffman’s planning, there is no provision for financial support … [Read more...] about Family Incentive Trust is Alternative to Disinheriting
Family Incentive Trust is Alternative to Disiheriting
"Family Incentive Trust is Alternative to Disinheriting" by Attorney Colleen Sinclair Prosser … [Read more...] about Family Incentive Trust is Alternative to Disiheriting
A Life Estate Deed Can Be an Important Tool in Medicaid Planning
A particular type of Life Estate Deed can be an important tool in estate planning and Medicaid eligibility. The titling of property is a large component of your estate planning which should be discussed when meeting with an attorney. Often, your primary home is the first to be examined. How do you currently hold title to your house? There are a number of different ways to hold title to your … [Read more...] about A Life Estate Deed Can Be an Important Tool in Medicaid Planning
A Life Estate Deed Can Be an Important Tool in Medicaid Planning (Audio)
"A Life Estate Deed Can Be an Important Tool in Medicaid Planning" by Attorney Jon J. Gasior … [Read more...] about A Life Estate Deed Can Be an Important Tool in Medicaid Planning (Audio)
Robin Williams’ Estate Plan
Robin Williams' untimely death came as a shock to the world this past August. As devastating as an unexpected, sudden death can be for the family, the need to settle the estate only adds to the stress of an already overwhelming situation. However, having an estate plan in place reduces the uncertainty and unknowns for the grieving family members, since the deceased person has already documented … [Read more...] about Robin Williams’ Estate Plan
Who Should Be the Executor of Your Will?
It is important to take the time to decide who should be the executor of your estate upon your death, and your power of attorney if you become incapacitated. Once you make these decisions, determine who should be the back-up in case your first choice is not available. Usually, you can think of one person you trust and more likely than not you have even thought about who that person should be … [Read more...] about Who Should Be the Executor of Your Will?
Who Should Be the Executor of Your Will? (Audio)
"Who Should Be the Executor of Your Will?" by Attorney Nicole Livingston … [Read more...] about Who Should Be the Executor of Your Will? (Audio)
