An elder law attorney can help determine whether you are eligible for either program, discuss strategies for spending, advise whether it is in your best interest to apply, and help with the application process. Medicaid may be able to serve as a partial funding mechanism even if you have sign...
Elder Law Guides Download our in-depth guides on elder law topics. Get your Guide A power of attorney is one of the most important estate planning documents you can have. There are many do-it-yourself power of attorney forms available — most states have the form online. However, it ...
but economic realities have created new caregiving responsibilities that often make leisure sound like a fantasy. My friend is part of the “Sandwich Generation.” She’s not only taking care of her mother-in-law, but
You may consider consulting with an attorney experienced in estate planning and elder law. An attorney can help you draw up the paperwork, outline responsibilities, and identify gaps in your agent’s authority. If possible, before you seek out a lawyer and pay their fees, reach out to your ...
like an elder law attorney. Non-elder law attorneys may not have knowledge of Florida Medicaid long-term care or estate planning regulations. Elder law orestate planning attorneyscan help you structure the durable power of attorney document to protect your interests and hold the agent accountable ...
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The penalty will be "cured" if the transferred asset is returned in its entirety. Or it will be reduced if the transferred asset is partially returned. However, some states do not permit partial returns. Check with your elder law attorney on the laws in your state; find a qualified ...
“If you have a degenerative or chronic health condition that’s likely to result in incapacity or require in-home care, an elder law attorney may be helpful,” Levin says. Many attorneys also specialize in Medicaid or estate taxes. How much does an estate planning attorney cost? Prices ...
The question of who can override a power of attorney for a loved one is more difficult. If you believe someone is abusing their position as power of attorney, you may be able to go to court to have them removed. An attorney with experience in both estate planning and elder law can help...
A solid estate plan typically includes a will, an advance directive and both financial and medical powers of attorney. If the person you care for can do so, a declaration of a pre-need guardian is also useful, says Colleen Carcone, certified financial planner and director of wealth planning ...