The pandemic has had an impact on nearly every aspect of our lives this year. Few have been more affected by COVID-19 than the residents of nursing homes. Many of my clients are residents of nursing homes in the area. These facilities have taken extraordinary measures to lessen the risk of exposure to their residents and staff. Changes have also been implemented at my office in order to keep the staff and clients safe. Face coverings
Clients often ask this question while meeting with me to discuss concerns about the cost of long-term care. Many clients assume that their life savings must be depleted on the cost of at-home care or nursing home care, which undoubtedly results in a general sense of anxiety. I often meet with clients who have been paying out of pocket for at-home care or nursing home care for months, or even years! It is important for
When a spouse passes away it sends your life into turmoil. There are many responsibilities that must be attended to such as the memorial services, notifying family and friends, and confronting legal, tax, and financial issues. A support group of family and friends are important to tap during these times. Most people think everything must be done immediately but that is usually not true. The memorial service and notifying family are the most important immediate concerns
When I first become an attorney in 1988, the Last Will and Testament (“Will”) controlled most, if not all, of the distribution of a person’s probate assets upon their passing. Today, assets can be distributed at death in other non-probate ways. As to real estate, there are several ways non-probate transfers can occur. Many clients establish revocable living trusts and/or irrevocable trusts in which they deed real estate into these trusts that will transfer according to
Usually when we meet with clients regarding loved ones who need help now, or soon; they do not know what to do. By the time they come to us, they have heard different things, mostly inaccurately, from different people. People incorrectly say there is nothing you can do, other than sell everything and pay for nursing home. Many get confused regarding gifting and Medicare days; or thinking it is too late; or that they have