Understanding a Will The term “Will” is something that many people are familiar with, but seldom truly understand. Ask the average person, and you will likely be told that the purpose of a last will and testament is to disburse property to heirs upon the death of the author. While true, there are many other aspects to a last… Continue reading Last Will and Testament
Category: Caregiver
Medicaid and Nursing Home Planning
Financial planning for nursing homes BY: STUART R. MORRIS, ESQ., CPA, CELA, ELDER LAW ASSOCIATES, P.A. Do you plan to be in a nursing home? Are you aware of the cost of a nursing home? And how much money do you have saved for a nursing home, should you need to go there? All questions that we should all answer. Older… Continue reading Medicaid and Nursing Home Planning
Durable Power of Attorney
An introduction to durable power of attorneys A durable power of attorney (or POA) is arguably the most powerful instrument that you can create and is especially important in estate planning. A POA is a relatively insignificant and informal document that allows another individual to legally act on your behalf. A POA can be as powerful or long-lasting… Continue reading Durable Power of Attorney