We're always looking for ways to connect with our community and give you the information you need to make smart estate planning decisions. If you've been thinking about starting an estate plan or just have questions that you'd like to have answered, here's a few ways to do just that: … [Read more...] about Upcoming Events – Learn More About Protecting Your Loved Ones With Estate Planning!
oklahoma special needs trusts
Did you know that Alzheimer's impacts over 5.4 million people today; is projected to impact 15-16 million by the year 2050; and at a cost of over a trillion dollars per year? This insidious disease is the 6th leading cause of death in the United States, and the only one out of the top ten with no methods of preventing or slowing it down. And, even scarier than that, studies reveal that about 60% of family-caregivers are dying before the patient because of the 24/7 stress of taking care of their … [Read more...] about Conquering the Fear and Stigma of Alzheimer’s Disease
The Medicaid program will pay for long-term care if you can meet the eligibility requirements. Though the program is supposed to be in place for the protection of people who have virtually no financial resources you can indeed retain ownership of a significant store of property and still qualify. In fact, the majority of individuals who are residing in nursing homes utilize Medicaid to pay the bills. And, it should be noted that many of them retired with a reasonable store of financial … [Read more...] about Medicaid: What You Can Keep in 2013
The fact is that you will probably need long-term care eventually after the age of 65. Given this reality, going forward without making any preparations for this contingency could be viewed as irresponsible. Why worry about long-term care costs when you will be eligible to enroll in the Medicare program as a senior citizen? The answer is quite simple: Medicare will not pay for a long-term stay in an assisted living facility. … [Read more...] about Free Report Reveals How to Protect Your Assets and Preserve Your Legacy with Medicaid Planning
There was a recent court ruling in Connecticut that is of interest to people in the elder law community, and it sheds some light on the risks that you take when you enter into legally binding contracts. The case we are referring to is Cook Willow Health Center v. Judy Andrien. Ms. Andrien is the daughter of a woman who was in need of long-term care. She arranged for her mother to be admitted into the Cook Willow Health Center, which is a nursing home. At the time of admittance Andrien … [Read more...] about Signing a Nursing Home Contract? Talk to a Lawyer
Sometimes you hear about an elder law court case and though the outcome may not be favorable to a particular party it can open your eyes to some of the mistakes you can make. Just such a case was recently ruled upon in the state of Kentucky. Given the fact that the cost of long-term care is out of reach for a high percentage of individuals you have to take steps to prepare yourself in advance. One way to proceed is to purchase long-term care insurance. Though it can be expensive it can be a … [Read more...] about Recent Court Ruling Provides Elder Law Lesson
Currently the costs of staying in a nursing home is one of the primary elder law issues of the day. The MetLife Mature Market Institute does research into the subject annually and according to their findings nursing home costs rose by 4.4% in 2011. … [Read more...] about Nursing Home Costs May Become Overwhelming
Elder law attorneys do everything possible to raise awareness about the issue of long-term care. You may think that it is unlikely that you will ever need living assistance and it can be hard to envision a time when you may not be able to do everything for yourself. However, statistics show that the majority of individuals who reach the age of 65 will indeed need help with their day-to-day needs at some point in time. … [Read more...] about Agencies Providing In-Home Care Studied
Here in the Oklahoma City area, there are many residents who have served honorably in the United States Armed Forces. Planning ahead as a veteran requires knowledge of all the benefits that may be available to you, so you would be well-advised to work with an experienced professional when you are preparing for the future. … [Read more...] about Oklahoma City VA Benefits Planning
If you stick your head in the sand with regard to the possibility of incurring assisted living expenses late in your life, you may find yourself in a difficult situation once you reach your twilight years. … [Read more...] about Oklahoma City Elder Law Attorney Asks – Are You Preparing For Assisted Living Expenses?