On behalf of The Elder and Disability Law Firm, APC on Thursday, June 12, 2014. Understanding what to expect from Social Security is a must when you are rolling up your sleeves and crunching numbers with regard to your anticipated retirement budget. The first thing to consider is when exactly you will become eligible to apply for your benefit.If you are not currently receiving Social Security you become eligible to receive your full benefit when you are somewhere between the age of...
On behalf of The Elder and Disability Law Firm, APC on Monday, June 2, 2014. There are a number of different acronyms that you see thrown around when you are looking into the subject of estate planning. One of these is "POD" and we would like to take a brief look at what this means in an estate planning context.A POD account is a "payable on death" account, and the creation of this type of account involves naming a beneficiary who would assume ownership of the resources that remain...
On behalf of The Elder and Disability Law Firm, APC on Wednesday, May 7, 2014. If you were to be the target of legal actions anything could happen, and some people are in occupations that leave them particularly vulnerable to lawsuits. You can't react after you become apprised of a pending action because this could be construed as an improper transfer of assets. So, being proactive about asset protection is the key to keeping your resources out of the reach of claimants.Along these...
On behalf of The Elder and Disability Law Firm, APC on Friday, April 11, 2014. All attorneys are not created equal, and this is something to keep in mind if you are a veteran who is interested in planning for the future.While virtually everyone in the legal profession is completely sincere and well-intentioned, different individuals have different areas of expertise and interest. So if you are a veteran you would do well to work with a lawyer who places a particular emphasis on pro...
On behalf of The Elder and Disability Law Firm, APC on Friday, April 4, 2014. Recording your final wishes on paper is all well and good and it is of course quite necessary. But as you are doing so you must also recognize the fact that somebody is going to have to carry out your wishes in a hands-on manner. If you use a Last Will to direct the transfer of your assets this legwork is done by the executor or personal representative.When you are drawing up your Will you have to conside...
On behalf of The Elder and Disability Law Firm, APC on Tuesday, March 18, 2014. The legal profession spans many different specialties, and each individual attorney is generally going to be an expert in a particular aspect of the law. This is something to keep in mind when you are interested in planning ahead for the future as a veteran of the United States Armed Forces.American Veterans are entitled to certain benefits as a show of gratitude for their dedicated service. To be aware...
On behalf of The Elder and Disability Law Firm, APC on Wednesday, March 5, 2014. As you go through life you are probably going to be consumed by the day-to-day challenges that you are presented with along the way, and without question they are many and varied. You may not find yourself thinking too much about the future, but the truth is that the sooner you get started doing so the better.A fact of life is that everyone ages, and there are some very profound things to take into con...
On behalf of The Elder and Disability Law Firm, APC on Monday, March 3, 2014. Sometimes a highly publicized legal case can provide an example that resonates throughout society. This type of scenario took place several years ago with a young woman named Terri Schiavo at the center.Schiavo fell into a vegetative state after suffering full cardiac arrest at the age of 26. She was subsequently kept alive via the use of feeding tubes for years after this horrific event occurred.After ei...
On behalf of The Elder and Disability Law Firm, APC on Wednesday, February 26, 2014. Making budgetary preparations for long-term care expenses is something that you should prioritize when you are looking ahead toward the latter portion of your life. This is true even if you expect to be on Medicare once you reach the age of eligibility because the Medicare program does not absorb assisted living expenses.And, if you simply assume that you can pay these costs yourself you would do w...
On behalf of The Elder and Disability Law Firm, APC on Friday, February 14, 2014. If you are going through life without an estate plan you are not alone. Less than half of people who have not yet achieved senior citizen status have any type of estate plan in place. However, when you go through life without executing these important documents you may be putting those that you love at risk.This is a broad subject, but we would like to highlight the need for committed couples who are ...
