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Sinclair Prosser Gasior

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Home / Archives for Long Term Care Planning

Who Should Be the Executor of Your Will? (Audio)

October 1, 2014 by Sinclair Prosser Gasior

  "Who Should Be the Executor of Your Will?" by Attorney Nicole Livingston … [Read more...] about Who Should Be the Executor of Your Will? (Audio)

Filed Under: Beneficiary Designations, Estate Administration, Estate Planning, Long Term Care Planning Tagged With: Executor, Incapacity, Incapacity Planning, Living Wills, Power of Attorney, Powers of Attorney

Medical Assistance Spend Down Process for Nursing Home Costs

July 11, 2014 by Sinclair Prosser Gasior

   Having to pay for long term care expenses such as a nursing home can be traumatic to any family.  The cost of the average nursing home is over $10,000.00 a month.  Very few couples have the means to pay this amount over a long period of time.  The scariest part for most couples is there is no end date.  You start paying $10,000.00 a month from your accumulated savings and you don’t know for how … [Read more...] about Medical Assistance Spend Down Process for Nursing Home Costs

Filed Under: Elder Law, Long term care insurance, Long Term Care Planning, Nursing Home Expenses Tagged With: Asset Protection, Community Spouse, Community Spouse Resource Allowance, Elder Law Attorney, Incapacity Planning, Medicaid, Medicaid Annuity, State of Maryland

Medical Assistance Spend Down Process (Audio)

July 9, 2014 by Sinclair Prosser Gasior

"Medical Assistance Spend Down Process" by Attorney Nicole Livingston … [Read more...] about Medical Assistance Spend Down Process (Audio)

Filed Under: Elder Law, Estate Planning, Long term care insurance, Long Term Care Planning, Nursing Home Expenses Tagged With: Asset Protection, Community Spouse Resource Allowance, Incapacity Planning, Medicaid, Medical Assistance, spend down

Division of Assets: Medicaid Planning for Married Couples

June 16, 2014 by Sinclair Prosser Gasior

Division of Assets is the name commonly used for the Spousal Impoverishment Provisions of the Medicare Catastrophic Act of 1988.  It applies only to couples.  The intent of the law was to change the eligibility requirements for Medicaid where one spouse needs nursing home care while the other spouse remains in the community.  The law, in effect, recognizes that it makes little sense to impoverish … [Read more...] about Division of Assets: Medicaid Planning for Married Couples

Filed Under: Elder Law, Long term care insurance, Long Term Care Planning, Nursing Home Expenses Tagged With: Asset Protection, Community Spouse Resource Allowance, countable assets, Division of Assets, Incapacity Planning, Medicaid, Medical Assistance, Spousal Impoverishment Provisions of the Medicare Catastrophic Act of 1988

Helping Your Parents Through Their Twilight Years

April 17, 2014 by Sinclair Prosser Gasior

  Your parents were watching over you, smiling and encouraging, as you took your first tentative steps. As a teenager, they handed you the keys as you took the car out on your own for the first time. They were there with guidance and advice, sometimes requested and sometimes not, as you left childhood and navigated young adulthood. Now that your parents are entering their twilight years, they … [Read more...] about Helping Your Parents Through Their Twilight Years

Filed Under: Advanced Estate Planning, Elder Law, Estate Planning, Estate Tax, Long Term Care Planning, Nursing Home Expenses Tagged With: Aging Parents, American Academy of Estate Planning Attorneys, Asset Protection, Estate Taxes, Incapacity Planning, Inheritance Planning, Legacy Planning, Living Wills, Powers of Attorney, Twilight Years

Listen to “Your Estate Matters” tomorrow morning (Tuesday) @ 8:50 a.m. on WNAV Radio

April 14, 2014 by Sinclair Prosser Gasior

 Make sure to tune in to WNAV Radio on 1430 AM or 99.9 FM on Tuesday mornings at 8:50 a.m.  for YOUR ESTATE MATTERS! The attorneys of Sinclair Prosser Gasior relate cutting edge estate planning information to keep you up to date.  The topic tomorrow is "Helping Your Parents Through the Twilight Years" by Attorney Nicole Livingston. … [Read more...] about Listen to “Your Estate Matters” tomorrow morning (Tuesday) @ 8:50 a.m. on WNAV Radio

Filed Under: Elder Law, Estate Planning, Living Trusts, Long Term Care Planning, Trustee Tagged With: American Academy of Estate Planning Attorneys, Asset Protection, Incapacity Planning, Inheritance Planning, Legacy Planning, Revocable Living Trust

Trustee, Executor, Power of Attorney: Who You Choose Can Make a Difference

April 11, 2014 by Sinclair Prosser Gasior

When you create an estate plan, you choose people to make decisions for you, such as agents, guardians, executors, or trustees. Often, people do not give much thought to those decisions, just naming their oldest child or whoever pops into their mind. The choices for these roles are perhaps the most important decisions to make. Good choices can help to ensure your wishes are carried out while bad … [Read more...] about Trustee, Executor, Power of Attorney: Who You Choose Can Make a Difference

Filed Under: Estate Administration, Estate Planning, Healthcare Directives, Healthcare Power of Attorney, Living Trusts, Long Term Care Planning, Personal Representative, Planning for Minor Children, Trustee Tagged With: Executor, Financial Power of Attorney, Guardianship, Health Care Power of Attorney, Incapacity Planning, Living Trust, Living Wills, Medical Directive, Medical Power of Attorney, personal representative, Powers of Attorney, Register of Wills, Testamentary Trust, trustee

Medicaid Planning and Your Home

April 8, 2014 by Sinclair Prosser Gasior

Medicaid Planning is a very important part of any estate plan.  If you do not want to pay out of pocket for nursing home care, and would like Medicaid to pay for your nursing home, you need to plan for how to do this. When meeting with clients, I often get asked “If I go into a nursing home, will I lose my house?”  The answer is complicated, but if the state’s medical assistance program, … [Read more...] about Medicaid Planning and Your Home

Filed Under: Elder Law, Estate Planning, Long term care insurance, Long Term Care Planning, Nursing Home Expenses Tagged With: Asset Protection, elder law, Gifting, Medicaid, Medicaid Planning

Listen to “Your Estate Matters” tomorrow morning (Tuesday) @ 8:50 a.m. on WNAV Radio

March 31, 2014 by Sinclair Prosser Gasior

  Make sure to tune in to WNAV Radio on 1430 AM or 99.9 FM on Tuesday mornings at 8:50 a.m.  for YOUR ESTATE MATTERS! The attorneys of Sinclair Prosser Gasior relate cutting edge estate planning information to keep you up to date.  The topic tomorrow is "Your Home and Medicaid Planning" by Attorney Jon J. Gasior. … [Read more...] about Listen to “Your Estate Matters” tomorrow morning (Tuesday) @ 8:50 a.m. on WNAV Radio

Filed Under: Elder Law, Estate Planning, Long term care insurance, Long Term Care Planning, Nursing Home Expenses Tagged With: Asset Protection, Incapacity Planning, Medicaid, Medicaid Planning, Real Estate

Do I Need Long Term Care Insurance?

March 11, 2014 by Sinclair Prosser Gasior

  Health care reform is one of the biggest topics in the news lately but Americans buy a whole range of insurance products these days. Car insurance, homeowner’s insurance, health, dental, life insurance, even pet health insurance.  It is important to also examine another insurance product out there: Long term care insurance. Assisted living and nursing home care is something that most people do … [Read more...] about Do I Need Long Term Care Insurance?

Filed Under: Elder Law, Estate Planning, Long term care insurance, Long Term Care Planning, Nursing Home Expenses Tagged With: Alzheimers, Asset Protection, assisted living adult daycare, Estate Planning Goals, Estate Planning Questions, Home Health Care, Hospice Care, Incapacity Planning, long term care, Medicaid, Medicare, nursing home, respite care, WNAV Radio http://www.wnav.com

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5 Stars

We initiated estate planning following a presentation by Sinclair Prosser Attorney Jon Gasior. We were so impressed, we contracted with them to complete our estate planning. Subsequently, we assembled information on our assets and Sinclair Prosser Gasior did the rest. Correspondence was communicated to our financial institutions and the estate was established. We were very pleased with the courteous manner of the Sinclair Prosser Gasior staff. However, it was their professionalism that made us satisfied we chose this firm to handle our estate. We have nothing but praise for Sinclair Prosser Gasior .

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