The More You Know: Reverse Mortgages & Estate Planning

You have likely seen several advertisements for reverse mortgages. The concept is a simple one:  as long as you own and live in your home, you can supplement your retirement income with a loan that you do not need to pay off. The trade-off when it comes to a reverse mortgage is that you are […]

Read More »

Factoring Long-Term Care Into Your Estate Plan Pays Off

  For most people, thinking about estate planning means focusing on what will happen to their money after they pass away. But that misses one pretty significant consideration: the need to plan for long-term care. The last thing any of us want to contend with when a health issue arises later in life is having […]

Read More »

Why Hire and Elder Law Attorney to Complete a Medicaid Application?

When spousal or parental nursing home placement is unavoidable, and once it’s realized that Medicare is not going to pay for a nursing home long-term, understanding the Medicaid Chronic Care program becomes critical.  The Medicaid Application is not a simple document to complete and benefits do not automatically roll in when needed.  The Medicaid Application […]

Read More »

Steps For Starting the End-of-Life Conversation

No one wants to discuss death and dying. Yet it’s a critical time for which we ought to prepare. Many people are uncomfortable starting this conversation although they may wish to share their wishes. As an important part of estate planning, healthcare decisions need to be talked about. This helps preserve your legacy and provide peace […]

Read More »

Five Surprisingly Common Planning Mistakes Baby Boomers are Making in Droves

  Baby boomers – the first generation tasked with the responsibility of planning for and funding their golden years. This generation, which includes those born between 1946 and 1964, have entered and continue to enter into retirement. As they make this financial transition into retirement, many are learning that they have made some of the […]

Read More »

Pros and Cons of Probate

  In estate planning circles, the word “probate” often comes with a starkly negative connotation. Indeed, for many people — especially those with larger estates — financial planners recommend trying to keep property out of probate whenever possible. That being said, the probate system was ultimately established to protect the property of the deceased and […]

Read More »