As children grow apart both geographically and emotionally, the sibling rivalry can rear its ugly head when a parent(s) is disabled or easily manipulated. For example, Mom is living with her daughter. Mom’s son wants to visit Mom Continue reading →
The Veteran’s Administration is now enforcing a 3 year look-back for gifts made by veterans as part of eligibility for VA Aid & Attendance Pension benefits. Essentially, any transfers by a veteran without fair market compensation will result in Continue reading →
Attorney Bryson is speaking at a seminar for professionals about safeguarding the financial future of elderly clients through asset protection. The seminar includes strategies and techniques to qualify for government benefits such as VA and Medicaid. The presentation Continue reading →
Clients have many misconceptions when it comes to Probate. This article will help clarify the more common uncertainties. First off, having a Will does not avoid probate – it is merely a roadmap in which to navigate Probate.
VA Aid and Attendance Pension Eligibility Rules are changing. Veterans and their spouses benefit from a monthly pension called Aid and Attendance to assist with payment of long-term care expenses (e.g. care providers, assistance with activities of daily living, wound care, etc.,) provided the Veteran’s assets and income are below the cap established by the Veterans Administration.
Assisted living and nursing homes can be scary thoughts for many of us as we enter our later years of life. Thinking about the possibility that we may find ourselves or our loved ones in need of moving to one of these care facilities can be difficult to bear. However, the reality is that the longer we live, the greater our chances are of needing long-term care outside of the home.
Many families gather together to share in this wondrous and magical time of the holiday season, but it can also be a time to address important family topics — estate planning or elder care needs. While all are together, begin Continue reading →
Of all the challenging decisions involving a senior, the hardest has to be the maze of choices involving care options. When a senior lacks mental or physical capacity to live alone, the choices are not obvious. Can the senior continue to stay home with a little extra help? Are personal care homes capable of providing appropriate medical care? Will the high quality of life focus provided by assisted living facilities deplete the senior’s lifetime savings available? Do the long-term care needs of the senior justify the high costs of 24-hour skilled care of a nursing home? Can the senior’s funds be used to make improvements to a child’s home to allow the senior to move in (e.g. in-law suite)?