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Elder Law Articles

Reversing Roles with Your Parents

Reversing Roles with Your Parents

If you have one or both elderly parents still living, you undoubtedly have noticed some of the inevitable declines in health and ability to manage everyday activities. You may be the child living nearby who drives mom to her medical appointments. Or you may be getting increasingly frequent telephone calls about bills or prescriptions. Slowly, but surely, there is a role reversal taking place, and that can be difficult to accept by both of you, but as the need for help increases, and you take over more and more responsibility, look at it as a thank you for all the love and support you received throughout life.

Recognizing Symptoms of Dementia

Recognizing Symptoms of Dementia

The Brown family reunion has always been an event everyone looks forward to. Family visits, games, stories and everyone’s favorite foods are always on the agenda. On the top of the menu is Grandmas traditional Lemon Coconut Cake. This year, however, the cake tasted a little on the salty side, by at least a half cup. Though the cake was disappointing, of more concern was Grandma’s confusion with the recipe and the loved ones around her. Could something be wrong with grandma’s mental state?

Probate Tidbits

Probate Tidbits

A major concern of clients is “avoiding” Probate. So what is Probate? And what does it cost? Probate is a process, supervised by a Probate Court, whereby assets are transferred from a deceased person, to heirs, or if there is a will, to the beneficiaries named in the will. The single most important thing to realize, however, is that property that is owned jointly with right of survivorship, or such as an IRA that has a beneficiary, does not pass through Probate. It goes directly to the survivor, or to the named beneficiary.

Modifying Your House for Elder Care

Modifying Your House for Elder Care

Caring for parents in their own home or a child’s home is a choice many families contemplate. With the various programs available for Connecticut residents and for veterans, outside help is available if needed and if proper planning is done to qualify for those programs.

Medicaid Rules for Spouses: Will I Lose My Home?

Medicaid Rules for Spouses: Will I Lose My Home?

When someone’s spouse needs nursing home care, the first fearful question of the healthy spouse is, “Will I lose my home?” And, fortunately, the answer is no, You will not lose your home. Why is this the answer? Because Federal Medicaid law has provisions to prevent the impoverishment of the spouse who still lives at home. Connecticut’s regulations follow that law and specifically exempt certain assets which the healthy spouse is allowed to keep.

Joint Accounts: Good or Bad?

Joint Accounts: Good or Bad?

Clients often ask, “Isn’t it a good thing to have my bank accounts jointly owned with my children?” There is no simple answer, because it depends on the circumstances you face. Often, the question comes about in the context of “Will it let me avoid Probate?” The answer there is yes, but under Connecticut law that does not excuse the filing of an Inheritance Tax Return. There is no tax if you are below $3.5 million, but that does result in a small Probate fee.

Allaire Elder Law

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