Estate planning is about protecting you and your loved ones. Sometimes this can be a difficult endeavor when there is a loved one who may require additional support at your death. While you may want to give as much as possible to this individual, you may not want to do so at the expense of […]
Archives for August 2022
Think Your Estate Plan is Complete?
Roughly two-thirds of Americans do not have an estate plan, according to a recent survey from Caring.com.[1] If you are among the minority of US adults who have prepared a will, living trust, and other end-of-life documents, you may think that your estate plan is settled. But you might want to think again. An estate […]
Estate Planning Pop Quiz
August means school is back in session or just around the corner. This signals the return of new school supplies, homework, and pop quizzes. Try your hand at this estate planning pop quiz to see if your knowledge of estate planning makes the grade. Question #1: True or false? You must name the same person […]
Representative Payees: Powers and Responsibilities
Do you have a friend or loved one who receives Social Security and is unable to manage payments? If so, you can request that the Social Security Administration (SSA), the government agency that disburses Social Security, name you as the representative payee for that person. Being a representative payee gives you the power and […]
Leap of Faith
I was frozen with panic standing there on the edge of a piece of volcanic rock tenuously protruding 60 feet above the glistening and beautifully translucent aqua blue water. As I looked down, I could see big mounds of volcanic rock and coral below. Of course, they were submerged 20 feet underneath the surface, but […]
How to Get Into a Nursing Home as a Medicaid Recipient
While Medicaid helps pay for nursing home care, being admitted to a nursing home as a Medicaid recipient is not always easy. There are several ways to navigate the process, depending on your situation. With the median cost of a nursing home room being more than $250 a day, most families need help paying for long-term […]