Most of us know that nursing homes can be very expensive, even if we don't have a loved one already residing in one. The unfortunate reality is that most private health insurance coverage does not include nursing home services. Even those with Medicare coverage may not receive sufficient coverage to make Kentucky nursing homes affordable. So, when it comes to the need for nursing homes, our nursing home lawyers can help you be prepared. Understanding the basics about Medicaid Medicaid is a … [Read more...] about Nursing Home Lawyers Discuss the Benefits of Planning
Look-Back for VA Aid & Attendance
New Asset Transfer Look-Back for VA Aid & Attendance Coming Soon: The Window of Opportunity is Closing Quickly! Background: The VA offers a valuable benefit to wartime veterans through Aid & Attendance, i.e., those who served even 1 day in a time of war and served at least 90 days in one of the branches of the service. The veteran must also have not received a dishonorable discharge. If the veteran is age 65, and the veteran or their spouse can receive assistance in daily … [Read more...] about Look-Back for VA Aid & Attendance
Estate Planning Considerations – Beneficiary Designations
This article focuses on beneficiary designations and the need for coordinating them with the overall plan. This is part of a series of blogs on important estate planning considerations. I’ll intersperse these blogs with other timely blogs. The first article in the series showed how an estate plan prepares one for incapacity during life and not just for the distribution of assets at death. The second article in the series focused on how an estate plan should take into consideration the … [Read more...] about Estate Planning Considerations – Beneficiary Designations
Life Changes
Life changes...Heraclitus said, “The only thing that is constant is CHANGE.” As our children create new chapters in their lives and we begin new phases of ours, we look upon these milestones years later and remember life’s changes. As Christina’s children, Ethan and Ella, get ready to go to new schools, Windy’s child, Abigail, embarks on a new journey as she faces school for the first time. Life is constant change. We will all face changes and transitions as we travel through life: going to … [Read more...] about Life Changes
You Never Know: Planning for the Unexpected Death
This article examines the unexpected death of two people who died from doing very typical things. Risks might be re around the corner, even in seemingly safe endeavors, so you should be prepared. The article looks at the elements of a basic plan. Ordinary Day Scenarios On a hot summer day, few things are more fun than swimming. Hannah Collins went swimming on such a day in the Edisto river near Charleston, South Carolina. She swam often and was nicknamed “river rat” by her father. But, while … [Read more...] about You Never Know: Planning for the Unexpected Death
