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July 2013 Archives

Effective Medicaid Expansions Remain Unclear

The jury is still out as to what the effect will be of the Medicaid expansion that is called for within the provisions of the Patient Protection and Affordable Care Act ("PPACA"). The expansion was originally to be required of all U.S. states, but, after the Supreme Court held that expansion could only be made voluntarily, the impact of the expansion was deflated considerably.

Can't I just prepare my will using a kit?

It's doubtful that you'd want a doctor you've never met to make decisions about whether you live or die, or how you live or die. In fact, you may even to shudder to think about certain family members making those choices. Most people would rather make end-of-life decisions for themselves. Especially since in some cases, you may have moral or religious objections to medical treatments.

How to make an advance health care directive work for you

It's doubtful that you'd want a doctor you've never met to make decisions about whether you live or die, or how you live or die. In fact, you may even to shudder to think about certain family members making those choices. Most people would rather make end-of-life decisions for themselves. Especially since in some cases, you may have moral or religious objections to medical treatments.

Do I need an estate planning attorney?

When it's time to create an estate plan, you might feel confident in your own skills to draft a DIY estate plan. After all, you can find just about anything on the internet, including estate planning documents and how-to guides. While it is obviously cheaper to go this route, you may want to think twice before creating your own estate plan. For some common reasons why DIY estate plans fail, read below.

Estate Planning Resources: VA Improved Pension Program

One common misconception is that you can only apply for the Improved Pension Benefit
Program
(IPB) if a veteran or a veteran's spouse has a service-related injury; however this is not
the case.

Author Stieg Larsson had no estate plan

If you are prone to procrastination when it comes to estate planning one thing that may motivate you to take action is to ask yourself who will suffer if you were to die without making any preparations in advance.

Spendthrift trusts can provide a good solution

When you are planning your estate you have to a lot of things to consider, and one of these would be the personal proclivities of the individuals who will be receiving inheritances after you pass away.

Living wills, last wills, and living trusts

Wading through all the terminology that is utilized in estate planning circles can be somewhat confusing to the uninitiated. With this in mind we would like to take a look at living wills, last wills, and living trusts.

POD accounts: The Cons

While there are some rather complicated legal instruments that are used in the field of estate planning there are some relatively simple solutions that can be implemented as well. One of these would be the utilization of payable on death or transfer on death accounts, but you have to be aware of the limitations of these accounts.

MetLife Survey on long-term care cost

One of the issues that is a source of great concern within the elder law community is that of access to long-term care. Perhaps the most striking demographic statistic of our time is that people who are at least 85 years of age are the fastest growing age group in the country. Clearly, when you reach an advanced age it is very possible that you are going to need living assistance.

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