by Allen L. Poucher, Jr | Jul 27, 2021 | Blog
It can be important to update your estate plan when you move to a new state. Why is that? Let us discuss some of the key reasons why you should make updating your estate plan a priority after moving to a new state. The laws are different in every state. While one state will probably honor your will, trust or other estate planning documents executed in another state, because the laws vary from state to state, not updating the estate planning...
by Allen L. Poucher, Jr | Jul 6, 2021 | Blog
Becoming more forgetful can be as natural a symptom of aging as gray hair. How do you decipher this forgetfulness from more serious symptoms of Alzheimer’s or another form of dementia that may require a greater level of care? Let us review warning signs your aging parent may need memory care soon. If your parent has been repeatedly asking the same question or losing his or her train of thought mid-sentence, this can be a warning sign. If your...
by Allen L. Poucher, Jr | Jun 23, 2021 | Blog
Nursing home care is often costly and can eat away at your aging mother’s life savings. With careful planning, did you know there are programs that may alleviate the cost, and there are financial planning strategies that can protect the bulk of her savings? It can be important to start planning early. Ideally, you would have at least five years to plan before nursing home care is needed. Even if you do not have that much time, it may not be too...
by Allen L. Poucher, Jr | Jun 1, 2021 | Blog
Do you have a great estate planning attorney? If so, you may think you are all set. Having an elder law attorney as part of your team, however, can be critical as you head into your golden years. Estate planning attorneys may be proficient at tax and inheritance matters, but they typically do not specialize in the other types of planning needed as you age. For issues like long-term care or nursing home planning, you may need to turn to an elder...
by Allen L. Poucher, Jr | May 25, 2021 | Blog
Have you found that planning for long-term care can be complex? It is true. Not only is every individual’s situation unique, but every state has their own eligibility rules for Medicaid. It may be important to seek out and consult with an experienced elder law attorney in your area to get assistance navigating these intricacies. These are some of the common mistakes that people make when applying for Medicaid without the assistance of a...
