You may be surprised to hear that the Medicaid program pays for the majority of the long-term care that is received by seniors in the United States. Why is this the case when most seniors qualify for Medicare? Because Medicare does not pay for assistance with your activities of daily living. Medicare will pay for covered medical expenses and convalescent care after a three-day hospital stay, but it will not pay for long-term custodial care. This type of care is very expensive, and most people … [Read more...] about How to Protect Your Assets With Medicaid Planning
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Charlotte Medicaid Lawyer Explains How to Protect Your Assets
When you're healthy, it can be hard to imagine needing long-term care, especially if you have taken good care of your health throughout your life. Even if you don't expect to need long-term care, you should not overlook the costs. Here, our Charlotte Medicaid lawyer will discuss asset protection issues. Longevity plays a factor in the need for early planning First, we should take a look at longevity. The oldest segment of the population is growing faster than any other. The Social Security … [Read more...] about Charlotte Medicaid Lawyer Explains How to Protect Your Assets
Two North Carolina Counties Most at Risk for Snake Bites
According to a recent report, North Carolina’s two highest populated counties, Mecklenburg and Wake, have the most reports of snake bites in the state. Two of the culprits are increased building development and mild winter temperatures. The Carolinas Poison Center indicated that Wake County had the most reported cases of venomous snake bites with 82 and Mecklenburg County was the next highest with a reported 60 venomous bites. The dangers posed by these high numbers remind us to be sure to have … [Read more...] about Two North Carolina Counties Most at Risk for Snake Bites
Self Proving Wills and Other Suggestions From Our Ashland Probate Lawyer
You may think the contents of a last will are just between you and your family. In reality, probate courts will be involved when you use a last will to distribute your assets after you die. To avoid issues with the validity of your will, our Ashland probate lawyer recommends self proving wills. How wills and probate work When you create a will, you should nominate an executor in the document. The executor administers the estate after you pass away, and this individual handles the business of … [Read more...] about Self Proving Wills and Other Suggestions From Our Ashland Probate Lawyer
Ten Things Our Estate Planning Attorneys Want Executors to Know
There’s more to serving as an executor of a will than just handing out property to the decedent’s heirs. It’s important to understand the job’s complexities before you even begin the probate process. If you’re the named executor of a will, then you’ve been selected for a job that requires much more than just guiding a death certificate and will through a short court hearing. Here are ten things our estate planning attorneys want executors to know. You need court approval to exercise your … [Read more...] about Ten Things Our Estate Planning Attorneys Want Executors to Know
Charlotte Living Trust Lawyer Explains the Basics
If you’ve just started looking into estate planning and have been doing your own research to learn a little more about the different tools and strategies used to create an effective estate plan, you may have run across an unfamiliar term: the inter vivos trust or living trust. You may have read a little about revocable and irrevocable trusts and wondered how a living trust is different. Let our Charlotte living trust lawyer explain the basics. What does the term “living trust” mean? Living … [Read more...] about Charlotte Living Trust Lawyer Explains the Basics
Ashland Estate Planning Attorney Explains the Benefits of a Power of Attorney
When you are going through day-to-day life as a healthy adult, the incapacity planning can seem utterly irrelevant. Of course, we all know that people sometimes suffer debilitating injuries or illnesses, but it still seems unlikely to occur. While this line of thinking is understandable, comprehensive estate planning is important for all responsible adults. Here, our Ashland estate planning attorney will explain the benefits of including a power of attorney. Planning for possible incapacity … [Read more...] about Ashland Estate Planning Attorney Explains the Benefits of a Power of Attorney
Charlotte Elder Law Attorney Clears Up Common Misconceptions
When Charlotte residents start thinking about elder law issues and estate planning, there are always many questions that come up. Some of those questions are based on common misconceptions about certain elder law issues or about estate planning in general. In this article, a Charlotte elder law attorney will try to clear up some of the most common myths out there. But, if you have any other questions, our Charlotte elder law attorney is happy to answer them for you. Your spouse might not be … [Read more...] about Charlotte Elder Law Attorney Clears Up Common Misconceptions
Ashland Probate Attorney Gives Advice to Executors
While being named as an executor of an estate is a real honor, there’s more to the role than most people think. Let our Ashland probate attorney share what every executor should know. When a loved one asks you to serve as an executor of an estate, chances are that your first thought isn’t about all the work that job requires. If you’re like most people, there’s an initial rush of satisfaction and a feeling that you’ve just been given a tremendous honor. Serving as an executor is an honor and a … [Read more...] about Ashland Probate Attorney Gives Advice to Executors
Elder Law Attorneys Discuss Long-Term Care Options
The prospect of living assistance can seem foreign when you have been fully capable of handling all of your own day-to-day tasks throughout your life. Without question, this is not a pleasant subject, but you should be aware of the facts when you are devising a plan for aging. In this article, our elder law attorneys will discuss some of the most important issues relating to nursing home care. How likely is it that I will need long-term care? In reality, most senior citizens will need … [Read more...] about Elder Law Attorneys Discuss Long-Term Care Options
