In our regularly updated blog, we discuss a wide range of topics of interest to Michigan seniors and their families. Learn what estate planning documents are essential in case of incapacity due to illness or injury, why you might benefit from creating a trust, how to use Medicaid benefits to pay for long-term care needs, and much more. To discuss your specific concerns, please contact our office to request a free initial consultation.
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Ways to Keep Your Will From Being ContestedA last will and testament or “will” is a part of your estate plan which allows a person to state specifically how they want their estate to be handled and divided in the event of their death. In a perfect world, the express wishes stated in your will are clear and will be honored. However,... Read More »
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Why You Should Consider Long-Term Care InsuranceAs you head towards retirement, it is a great time to plan for all of the fun things you want to do. For many, their list will include planning and taking a major vacation, focusing on hobbies, and spending time with their loved ones. Another important task which should be on your retirement checklist is... Read More »
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Happy Veterans Day 2019!Honoring those Veterans who served
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Another Side of the Story: Terri Schiavo’s Brother Speaks OutTerri Schiavo was the subject of one of the nation’s most famous and divisive end-of-life cases. Bobby Schindler is her brother, and he is the president of the Terri Schiavo Life and Hope Network. Schindler recently joined Rebecca A. Hobbs of ElderLawAnsers to tell his sister’s story. Terri Schiavo was only 26... Read More »
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Veteran Aid and Attendance BenefitsToday veterans across the country receive different benefits through the Veteran’s Administration (VA). What they may not know is that senior veterans, those who require home health services, house or bedbound individuals, veterans residing in an assisted living environments, and veterans with blindness may also be entitled to an added financial benefit to pay for... Read More »
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Do I Need a Healthcare Proxy?A patient advocate designation (also commonly called an advance directive, living will, health care power of attorney or healthcare proxy) lets you appoint a person to act as your agent for healthcare decisions in the event you become incapacitated. It ensures that your wishes regarding medical treatment are carried out in a scenario where you... Read More »
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What is Long-Term Care Insurance?In an ideal world, everyone would be able to enter into their senior years with few medical issues. However, everyone is somewhere in the aging process and therefore headed towards a time when they may need assistance taking care of themselves. With the rising costs of healthcare and the increased expense related to the care... Read More »
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What You Need to Know About Medicare Private Fee-for-Service PlansAs we advance in age, we are often faced with new medical challenges and the need for specialized treatment. Under Medicare, this can mean receiving care from new doctors and incurring a great deal of out-of-pocket expenses. Fortunately, having some freedom of choice as to your provider and sense of how much you will have... Read More »
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Healthy Living During the Holiday SeasonThe holidays can be a festive and happy time of year when we connect with family and friends and enjoy celebrating. It is also a time when we want to be in the best of health so we can take part in all of the different activities going on around us. Here are some healthy... Read More »
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Irrevocable Trust: How do they work and how can they be used?When creating a trust, an important distinction is whether the trust will be revocable or irrevocable. In fact, this determination can have broad-reaching tax consequences and legal ramifications. In many cases, a properly created irrevocable trust will offer the benefit of tax savings and protection from creditors. However, in order to benefit from an irrevocable... Read More »
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Would You Let a Robot Carer Into Your Home?Robot carers could remind seniors of upcoming appointments and when to take medicine, while keeping track of easily misplaced items like glasses and phones
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Preparing Your Family For the FutureDeveloping an estate plan is a crucial part of preparing for the future. But it’s not just your future you’re planning for; it’s the future of your family, your legacy, and beyond. Unfortunately for many families, estate planning is often something that gets sidelined. People don’t want to have frank discussions about the future, including... Read More »