by Allen L. Poucher, Jr | May 13, 2024 | Blog, Long Term Care
Gifting assets to family and friends is a common practice, especially as individuals plan for the future distribution of their estate. When it comes to eligibility for public benefits like Medicaid, however, frequent gifting can present significant risks and complications. Specifically, we want to share with you how gifts made within the past five years, or sixty months, can impact long-term care planning as well as how working with an elder...
by Allen L. Poucher, Jr | Apr 10, 2024 | Estate Planning
In the realm of estate planning, the creation of a durable power of attorney stands as a critical step toward safeguarding your financial and health-related decisions should you become incapacitated. The designation of an agent under a durable power of attorney grants them the authority to act on your behalf, making decisions that align with your wishes and best interests. Let us share with you more information specifically on the pivotal role...
by Allen L. Poucher, Jr | Apr 3, 2024 | Estate Planning
Did you know April is World Autism Month? This is a time to promote autism awareness, inclusion, and self-determination for all, and assure that each person with ASD (Autism Spectrum Disorder) is provided the opportunity to achieve the highest possible quality of life. For families with loved ones on the autism spectrum, understanding the complexity of special needs planning is paramount. Special needs planning is more than just a legal task;...
by Allen L. Poucher, Jr | Feb 26, 2024 | Estate Planning
Navigating the evolving legal landscape presents challenges for businesses today, especially with the introduction of new regulations like the Corporate Transparency Act (CTA). This significant legislative change requires certain businesses to report ownership information, with the goal to combat financial crimes. We know you may have questions and our blog post right here delves into the CTA, its objectives, and its potential impact on...
by Allen L. Poucher, Jr | Feb 12, 2024 | Estate Planning
In the spirit of Valentine’s Day, and throughout the year, we often find ourselves reflecting on our love for our family and contemplate the most meaningful ways to articulate our sentiments. Traditionally, this season of love is adorned with bouquets, candy, and heartfelt gifts that aim to capture the essence of our feelings. Yet, while these tokens hold a cherished space within our celebratory traditions, there lies an extraordinary...
