On behalf of The Elder and Disability Law Firm, APC on Friday, August 14, 2015. Veterans who qualify for a pension also may be able to access an additional benefit. If you need help with daily living activities, be sure to investigate the requirements for the Aid and Attendance program.Once you have decided you would like to apply, write to the Veterans Administration regional office where you filed a claim for pension benefits. If you don't know where the regional office is - perh...
On behalf of The Elder and Disability Law Firm, APC on Wednesday, August 5, 2015. AARP's Public Policy Institute has published an updated report called "Valuing the Invaluable: 2011 Update - The Growing Contributions and Costs of Family Caregiving." The report recognizes the critical support of family to ill loved ones, but details the substantial personal costs to caregivers. It says that costs to U.S. health care and long-term services would increase astronomically if family care...
On behalf of The Elder and Disability Law Firm, APC on Wednesday, July 29, 2015. When a veteran needs help, the first person he or she usually turns to is family. A spouse, children, or parents can play such big roles in the lives of veterans when life is difficult because of illness.As we celebrate Veterans Day in September, we honor the service our veterans have given to our nation over the years. But we also widen our embrace to include their families, and especially those who c...
On behalf of The Elder and Disability Law Firm, APC on Thursday, July 23, 2015. Once your estate plan is created, how often are you supposed to review it? According to some estate planning professionals, you should review it annually or bi-annually. Though this is a common safeguard, you should also review your estate plan if you have any significant life changes that impact your estate plan's accuracy.Marriage and DivorceYour spouse is listed as a beneficiary and often a healthcar...
On behalf of The Elder and Disability Law Firm, APC on Monday, July 13, 2015. Expecting parents or even parents of a newborn will need to reconsider their estate. If you already have an estate plan in place, now is the time to amend that plan to meet your current life situation. If you do not have an estate plan, you might want to consider a few of these tips for getting started and ensuring your child's future if protected. Consider purchasing life insurance to support your child ...
On behalf of The Elder and Disability Law Firm, APC on Monday, June 1, 2015. Thinking about mortality is bad enough for most people, but when you meet with an estate planning attorney you will be forced to face questions that might make you squirm.Who Will Raise Your Children?Children under the age of 18 are considered minors by the court. That means they will need a guardian and that guardian should be selected by you. This person should be someone you trust and someone you would ...
On behalf of The Elder and Disability Law Firm, APC on Monday, February 2, 2015. A lot of people have questions about taxes on insurance proceeds. If you are the beneficiary of a life insurance policy you would not be asked to pay Federal income tax on this influx of financial resources. However, this does not mean that there is no cause for concern with regard to taxation as it applies to insurance policies.The Federal estate tax is a factor. The life insurance policies that you o...
On behalf of The Elder and Disability Law Firm, APC on Tuesday, March 24, 2015. Dementia is not an easy illness to manage. Family members are forced to care for and financially back their loved ones when they are no longer able to do so for themselves. In most cases, individuals do not have adequate estate planning for incapacitation, such as dementia, which means their families are left to foot the bill and make difficult medical decisions. According to the director-general of the...
On behalf of The Elder and Disability Law Firm, APC on Monday, March 16, 2015. Though life expectancy tables can predict that individuals will live a certain number of years, the fact of the matter is that there is a large variety of factors that play into how long a person might live. Mortality tables and estimates do not account for these factors, which only promotes underestimating Americans' life expectancy. Most Americans assume that they will live past 65, which means they do...
On behalf of The Elder and Disability Law Firm, APC on Friday, March 13, 2015. There are many cases throughout the country where parents did not review their estate plans carefully and family members are now fighting over the estates. For example, if you as a parent say that you intend to leave a large portion of your estate to your children but you don't actually update your will to reflect that, the courts will either automatically revert to your previous Will or, if you did not ...
