When choosing an executor for your estate, you will likely look toward those closest to you first. For many people, perhaps including yourself, this list will often include or even entirely consist of relatives. But are relatives your best bet when it comes to an...
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What are disadvantages of accepting Medicaid?
Rather than wait until you need Medicaid, you want to have a plan for structuring your benefits that helps you maximize them. To have a well-thought-out plan, it makes sense to understand the ups and downs of the federal and state program. HealthResearchFunding.org...
What should you look for when visiting a nursing home?
Few major life decisions have the potential to be more difficult than choosing to move an elderly loved one into a nursing home. Still, if you cannot provide the care your relative needs to thrive, it makes sense to entrust care to professionals at a long-term care...
Can you prevent POA fraud?
Financial exploitation can rob you of the assets you worked so hard to acquire. It may leave you feeling vulnerable, anxious and hopeless. When you have a power of attorney you entrust to represent you financially, you need a superior level of trust in his or her...
Can I qualify for help paying for Medicare premiums?
Medicare is insurance provided for older adults by the government, but it is not free. You will have to pay for premiums, which can be difficult on a fixed income. According to Medicare.gov, there is assistance available to help you pay your premiums in some...
What are VA priority groups?
While looking into Medicaid planning, you consider applying for VA benefits, too. If you need help sooner rather than later, you may wonder if you qualify for a VA priority group. The U.S. Department of Veterans Affairs explains how it prioritizes veterans to get them...
What familial changes should prompt an estate plan review?
After you write an estate plan, you will need to keep on top of its maintenance throughout your life. After all, an outdated plan that no longer serves your interests is on par with having no plan at all in terms of usefulness. Knowing when to update or review your...
What should I know about conservatorships?
Recent media buzz has brought attention to a little-understood aspect of US law: conservatorships. Conservatorships are a form of guardianship for adults. There are multiple reasons why a person may need a conservator to manage their affairs. According to the Autism...
What recent laws went into effect in Florida to protect older citizens?
Florida governor Ron DeSantis has been busy signing many laws into effect to help protect and benefit the senior population in the state. The legislature has also worked hard to put forth bills that cater to a variety of issues impacting this segment of the...
Can an LLC for rental property protect you?
As a property owner renting to others, you run a business. As such, you have the option to form various business entities. One of those is a limited liability company. If you do nothing, the state and the law considers you a sole proprietorship, which means you and...