Pills, pills, and more pills. Senior citizens take an average of 6 to 8 prescription medications, herbal supplements, and over-the-counter drugs per day. For some people, it can be an overwhelming responsibility to manage. To … [Read more...]
Print This PageWhat the American Middle Class Needs to Know: How to Protect the Family Home From Medicaid Recovery
Because the home is the largest asset a couple can keep while still qualifying for Medicaid, it is also usually the main target of estate recovery.Meet Sidney and RachelSidney and Rachel had lived in their home since it was new. … [Read more...]
Print This PageHow to Avoid Losing Massive Amounts of Money to a Nursing Home
When older adults think of estate planning, many actually have asset protection in mind. What they want is the peace of mind of knowing that the nest egg they’ve been saving for that proverbial “rainy day” will actually be … [Read more...]
Print This PageNew Hope for Diagnosing Alzheimer’s: Plus, Unlikely Team of Players Unite to Battle Disease
While it's no secret that Alzheimer's Disease can cause confusion in the estimated 5.1 million Americans directly affected by the disease, both researchers and the general public have spent years perplexed by the disease as well. … [Read more...]
Print This PageA Mixed Bag in Virginia: Federal Law Prohibits 2011 Social Security Increases, but Federal Agency Grants Millions to Disadvantaged Groups
As Halloween approaches this year, I can't help but draw an analogy between the nights I spent meandering my neighborhood as a kid looking for handouts, and our current economic times. I recall my grade-school friends and I … [Read more...]
Print This PageUpcoming Seminars for Lawyers and Clients
I'm conducting two seminars this week on the topic of Income Only Trusts. The first one is a teleseminar for attorneys around the country who are members of the professional group ElderLawAnswers. Entitled Using Income Only … [Read more...]
Print This PageUsing a Reverse Mortgage to Pay for Home Care
Many of my clients ask me how I feel about reverse mortgages, and even more so this past week because of a favorable story that appeared in last week's Washington Post entitled "Reverse Mortgages are Not the Next Subprime." This … [Read more...]
Print This PageMajor Change in Estate Tax and Capital Gains Tax for 2010
Because of a Congressional failure to act before the end of 2009, there's good news and bad news to report on the Estate Planning and Elder Law front. The good news is there's no Estate Tax if you die this year. The bad news is … [Read more...]
Print This PageWhat Does the Bible Teach us About Estate Planning?
Sorry for the last minute notice, but I just found out that my church, Fairfax United Methodist Church (10300 Stratford Avenue, Fairfax, VA 22030), has space left for a course I'm teaching tomorrow evening entitled What Does the … [Read more...]
Print This PageEvan Farr Teaches Course for Elder Law Attorneys Natonwide
~You Can Sign Up for a Similar Course for Consumers~Last Thursday, Evan Farr conducted a national, attorney-only teleconference sponsored by the National Business Institute (NBI) on the topic of the Income Only Trust -- an asset … [Read more...]
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