Not long ago, I was discussing health care advance directives with a client. When we began discussing health care powers of attorney she asked: “Is that the one where the person you’ve named can pull the plug?” I responded: “Well, they don’t really pull any plugs, but yes.” She … Continue Reading
As I have previously written, Medicaid does not pay for assisted level of care. If you can qualify, the program is called Special Assistance, and it will help with the cost of an assisted living facility. But it is NOT Medicaid.
One of the main differences is an unforgiving … Continue Reading
Today, I'm thinking of the 34 year-long veterans' parade held in my conference room.
First, if you’re a veteran, thank you for stepping up. Most of what you did was certainly not glamorous. Occasionally very dangerous and often very boring. But someone had to do it, and you … Continue Reading
In the last article, we looked at the general characteristics of various ways of owning real property, namely: fee simple, tenancy in common, joint tenancy with rights of survivorship, and life estates. I have “hotlinked” each property type so you can go back for a … Continue Reading
Understanding different ways of owning real estate is important because the way real property is titled influences Medicaid results, taxes, and probate avoidance. You may need to lockdown Medicaid, and you certainly don’t want to lose your house and land in the process. And, of … Continue Reading