When an older adult could have medical needs that exceed the coverage they will receive through Medicare, applying for Medicaid may become necessary. Planning for the potential need to qualify for Medicaid is important for those close to retirement age. If you don't...
Month: August 2020
Who should you choose for your health care power of attorney?
As you set up your estate plan, something that you should think about is who you’d like to have as your health care power of attorney (otherwise known as your health care agent or medical power of attorney). Choosing the right person for this job is essential because...
A special needs trust could be a good fit in your estate plan
You love your child very much, but the reality of their future is that they may not be able to take care of themselves alone. For this kind of situation, a special needs trust can be invaluable. With a special needs trust, you can help protect your child’s...
Have you fallen for this estate planning myth?
The unfortunate reality is that there are a lot of estate planning myths out there, and people may accidentally fall for them without even realizing what they are. For instance, maybe you wanted to do your estate planning and you asked a friend for help getting...