Archive for March 2021
Medicaid Eligibility and Elder Law
The federal Medicaid program is designed to ensure senior citizens have long-term health care, but it has financial eligibility requirements that should be considered well ahead of the need for Medicaid benefits. Qualifying for Medicaid often requires applicants to spend down their assets to meet the eligibility requirements. This should be a planned distribution of…
Read MoreWhat’s the Difference Between a Will and a Trust?
Wills and trusts are two very different kinds of documents used in estate planning. Everyone needs a will, but not everyone needs a trust. Knowing the difference will help you to understand what you need. What is a Will? A will is the cornerstone of an estate plan. It’s the legal document by which…
Read MoreCOVID-19 Reminds Us of Importance of Estate Planning
It’s fair to say that we are living in a new age of uncertainty with the COVID-19 pandemic. Concerns over the pandemic have “led to a skyrocketing demand for wills, even among those who aren’t senior citizens,” according to an ABC News report. No one wants to be ill or face the prospect of a…
Read MoreWho Takes Control of Your Digital Assets When You Die?
As you consider what you will pass on to your heirs and other beneficiaries, do not overlook your digital assets. If your virtual property – anything from digital music you’ve bought to website content, Bitcoin or other cryptocurrencies – has value, then proper estate planning can ensure you’ve designated what happens to it when you’re…
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