The holiday season often serves as a poignant reminder of the importance of family connection and support, particularly as we navigate the complexities of aging. For many families, this time of year is an opportunity to reflect on relationships and consider the well-being of loved ones, especially parents who may require assistance at home or …
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Early Onset Alzheimer’s
Dear Attorney Tully: I don’t really have a question. I enjoy your column and would like it if you could enlighten your readers about early on-set Alzheimer’s. My husband was 58 years old when he was diagnosed. The road after that was long and hard. I wish I could have met an attorney like you at that time. We lost a lot of money needlessly and …
Myths & Realities About Medicaid Planning
Long-term care in the United States is provided overwhelmingly by unpaid caregivers; researchers estimate the value of this unpaid care giving at well over $196 billion per year. By contrast, paid care giving costs the public and private sectors about $173 billion, more than a quarter of which is paid out-of-pocket by individuals and their …
Do You Need A Trust?
When considering estate planning, particularly for seniors, the question of whether to establish a trust can be pivotal. Trusts serve various functions, including asset protection, tax benefits, and ensuring the smooth transition of wealth upon death. The following are reasons why seniors should consider establishing a trust as part of their estate …
Don’t Do It Yourself
The use of do-it-yourself (DIY) legal documents has become increasingly popular in recent years, driven by the desire for cost savings and the accessibility of legal templates online. While there are undeniable benefits to this approach, such as convenience and affordability, the dangers associated with using DIY legal documents are significant and …
