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Why Should You Hire an Elder Law Attorney?

Why Should You Hire an Elder Law Attorney?

Why should someone hire an elder law attorney is a question that I get with a great deal of frequency. Many prospective clients want to know what benefit they will get by hiring an elder law attorney, and whether the cost to do so makes it worthwhile. This is a...

What is the Timeline to Apply for Medicaid and Spend Down Assets?

One of the most commonly asked questions I get is “what is the timeline to apply for Medicaid and do the spend down?” In other words, once we have a plan in place, how does this whole process work? There are basically 5 stages to the process of applying for Medicaid....
What is a Wealth Preservation Trust and Why is it Important?

What is a Wealth Preservation Trust and Why is it Important?

One of the greatest tools available to estate planning and elder law attorneys is the irrevocable Wealth Preservation Trust. If you are like me when I first heard about this type of trust, you are probably thinking “that sounds cool, what is it?” Before we get into...
What is the Cost of Failing to Plan?

What is the Cost of Failing to Plan?

Yesterday I met with a client who had hired me to help him to determine how to navigate the minefield that is Medicaid Planning for his mother. I had already drafted a family asset protection letter for him, outlining the specific facts of his mother’s situation and...
How to Pay for Nursing Home Care in North Carolina

How to Pay for Nursing Home Care in North Carolina

One of the harsh realities of life is that if you live long enough, at some point you may need move into a long-term care facility, otherwise known as a “skilled nursing facility”. The cost of these facilities can be downright crippling to most families. At a typical...