Timing is everything. How often have you heard someone express that sentiment? While it’s often true of life in general, it’s certainly true in Medicaid planning. So, does an inheritance count as an asset for Medicaid purposes? For a single person, the answer is clearly, “Yes”. If a single individual is spending down his or her assets, and …
Total Care Planning
Dealing with caregivers’ guilt
Guilt is one of the strongest emotions that plagues caregivers. It’s OK to have this feeling, but this article will give you some tools to get rid of it, too! Caregivers often make promises that they simply cannot keep while their loved one is still healthy, and therefore, take all kinds of guilt on themselves. The definition of …
HELPING A LOVED ONE MAKE THE TRANSISITON TO A NURSING HOME
Dear Attorney Tully: I am and have been my father’s caregiver for the past 3 years. I left my job to take of him. I don’t want a medal; my father did everything for me as a child and I have a wonderful life because of him. I just don’t think I can care for him any longer. I think we have to place him in a nursing home but I want him to get …
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Staying Positive While You Are Ill
No one wants to face the fact that our loved ones will not be with us forever. Facing our own mortality is frightening as well. Although none of us wants to contemplate a time when we or a loved one might become disabled or die, it is important to be prepared. There are many steps families can take in advance of death or disability to avoid …
Why NOT Just Use A ‘do -it -yourself ‘ Power of Attorney Form?
A durable power of attorney is one of the most important estate planning documents you can have. It allows you to appoint someone to act for you (your “agent” or “attorney-in-fact”) if you become incapacitated. Without a power of attorney, your loved ones would not be able to make decisions for you or manage your finances without asking …
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