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Elder Law Articles

Planning For Elder Care

Planning For Elder Care

Benjamin Franklin had a quote “By failing to prepare, you are preparing to fail.” In life in general, preparation is a key to success, and no more so than when it involves the care to keep your elderly loved ones safe and in the best living situation possible. That preparation is all the more critical with the increased problems and restrictions brought on by our national health crisis..

When Your Estate Plan Needs Changing

When Your Estate Plan Needs Changing

When Your Estate Plan Needs Changing As you go through life you need to change your estate plan to account for the changes in your age, your wealth, your health, and your marital and family status. An unmarried young adult without a spouse or children or much money can get by with a power of attorney, living will and HIPAA form so that parents, or siblings or other trusted person can handle financial affairs and medical decisions if that young adult has an unlikely incapacitating illness. When that young person gets married and has children, a will and trust is advisable in case of the unlikely event of both spouses dying in an accident.

The Money Talk With Parents

The Money Talk With Parents

The second most difficult talk to have with parents, after the first which is giving up driving, is the talk about money. It is a difficult and often times embarrassing topic between a child and a parent who is losing the ability to handle finances and may be vulnerable to fraud. Here are some thoughts.

Ways to Avoid the Nursing Home

Ways to Avoid the Nursing Home

Many people know that Medicare will pay for rehabilitation services in a nursing home if the patient has had a three day inpatient admission to a hospital. A physician must order the care in a nursing home and it must be related to the condition that resulted in the hospital services. Practically speaking, the care must only be available on an inpatient basis. The person must need to receive seven days a week of nursing home care, or skilled therapy five days a week or some combination seven days a week. This is the normal rehabilitation families know about.

The Human Spirit

The Human Spirit

Here is a story of the human spirit. A 96 year old WWII veteran has been living in an assisted living facility in New Jersey for over 4 years. One by one the old time friends have passed on and the nearest child lives over 3 hours away. The new friends she has made over the years provide needed companionship, and one or more family members would visit about every two weeks. Then Covid-19 hit.

The Advice of Friends

The Advice of Friends

Friends naturally want to help their friends and their thoughts and advice give comfort in life. Faced with medical or legal problems, however, nonprofessional advice may be incorrect, and could result in serious unintended consequences. The following is an illustration of how well intended, but wrong advice could affect a family’s ability to stay at home, get homecare paid by the Connecticut Home Care Program for Elders, and preserve an inheritance for children and grandchildren.

Assume a friend is talking with a couple that wants to do estate planning to minimize inheritance taxes, capital gains taxes, avoid probate, and pass on those hard-earned life savings to their children. The friend says the way to do that and to avoid probate is to put assets into a revocable trust. They decide to consult with an elder law attorney who evaluates their particular financial situation and based on that situation, the attorney recommends an irrevocable trust to accomplish all their purposes.

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