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Elder law attorneys who are also well-credentialed in estate planning can assist you plan for retirement

Eddie learned a lot by joining AARP and having the opportunity to meet other caregivers, especially as things begin, they keep progressing, and caregivers do not realize that they have reached a critical point It typically comes to a head when caregivers realize their exhaustion and stress, and at that point, Eddie planned on scheduling an assessment for his aunt in Houston, as his aunt wanted to prove that there At Your Legacy Legal Care, we meet with many caregivers to discuss long-term care planning for their

It is difficult to access resources, and if they do not have a plan in place, they may not be prepared When should parents start this plan? The sooner parents start planning, the better. However, the sooner you can start processing it and start putting some long-term plans into place, the The reality is that families struggle to process this transition planning even when the child is 14. We offer trainings on the emotions of transition, school, and legal planning.

As you plan your retirement, you should determine how you will spend your time, the details of your retirement As you build your retirement plan, you may discover a few bumps in the road, and the sooner you address If your employer offers a 401(k), you can contribute to that plan, so save enough to get any company

loss of specialized care and Medicaid or SSI benefits is a very real danger if proper special needs planning put in place, which is why Houston special needs lawyers often share the benefits of special needs planning

The investigation showed that the nursing home staff openly discussed via email their plans to delay

That said, here are some important points to keep in mind: Visit www.finra.org/investors/finra-securities-helpline-seniors of a financial product, consult with a family member and an elder law attorney, and ask them both to join

Most families just aren’t prepared for the financial burden of dementia. They assume that Medicare cover all of the expenses. Not so. Patients and their families don’t realize that isn’t the case. Plus, everything gets more complicated when an individual has dementia. For example, if a dementia patient in a nursing home gets a fever, the staff may say that they aren’t equipped to handle it. They call 911. The patient is then admitted to the hospital. This can lead to complications for the patient suffering from dementia. They may get delirious and confused, slip or fall out of bed and sustain injuries, or they choke on their food. This can cause medical costs to sky-rocket. There are large disparities in out-of-pocket costs for the three diseases. Medicare covers discrete medical services like office visits and acute care, including hospitalization and surgery. These are the types of expenses experienced by cancer patients and heart patients. Those patients usually don’t need full-time home or nursing home care until the very end of their life, if at all. As a result, they don’t see that continuing cost. On the other hand, dementia patients need constant care for years. In addition, these dementia patients may not be sick enough for a nursing home, but they still will need supervision and care. When dementia patients are sick enough for a nursing home, the cost is not covered by health insurance. More than half of patients with dementia— with three-quarters of those from racial minorities—spend down, using savings to pay for the nursing home until the money is all gone. After that, Medicaid takes over. Talk with an experienced elder law attorney about care for the elderly, Medicaid, and dementia. He or she will have ideas on how to best address your family’s situation. Reference: The New York Times (October 26, 2015) “Costs for Dementia Care Far Exceeding Other Diseases, Study Finds” #PayingforaNursingHome #HoustonAssetProtection #MedicaidTrustPlanning #MedicaidPlanning #HoustonElderLaw #HoustonElderLawAttorney #Medicaid #HoustonTrustPlanning #Dementia #MedicaidNursingHomePlanning #LongTermCarePlanning

Making a Plan The best way to avoid everyone becoming stressed is to make a plan and become knowledgeable The most important part about making a plan is implementing the plan. plan! You had a plan, so get it out and use it.” While plans are not always perfect, having a plan will help achieve a better outcome.

Bloomberg BNA’s recent article, “Future of Popular Estate-Planning Tool May Hinge on Election,” discusses presidential nominee Donald Trump wins the election, the proposals on GRATs would go away because Trump’s tax plan GRATs are sophisticated estate planning tools. Be sure to secure the help of an experienced estate planning attorney to determine if this is right for Reference: Bloomberg BNA (May 31, 2016) “Future of Popular Estate-Planning Tool May Hinge on Election

lawyer, I cannot state emphatically enough how important it is for all parents to create a comprehensive plan

To help you do just that, our special needs planning lawyers have put together a guide to walk you through Consider consulting with an attorney experienced in special needs planning to ensure it covers all basis