How to Avoid a Contested Will or Trust
Everyone has heard the nightmare stories about long protracted legal battles that occur between close families after a loved one passes on. Nobody wants this for their family, yet many people set their families up for just such a scenario. Fortunately this can be avoided with some proper planning and [...]
Are You Still Tackling Your Bucket List
The words “bucket list” have become synonymous with the best life has to offer. It was the title of a popular movie a few years back, and has become part of the jargon of our times. Most of us have a bucket list, things if asked, we’d say we would [...]
Medicaid Now Available for Spouses in the Nursing Home!
The Ohio Department of Medicaid has now approved a Medicaid Qualified Annuity as a spend-down for a husband or wife, even if his or her spouse is in (or is heading to) a nursing home. As a result, people can immediately qualify for Medicaid to help pay for nursing home [...]
What to Do When Your Life is at a Standstill
No doubt you know what the word “standstill means.” For our purposes here, imagine you are stuck in mud up to your knees. Try as you might, you just can’t move. Taking one step forward is a major undertaking, and is basically impossible. Perhaps you’ve experienced such a “standstill” scenario [...]
Do You Still Owe After You Die?
It is a question that weighs heavily on many seniors. You have worked hard your entire life to pay off all of the debts that you owe, and you don’t want your loved ones to be responsible for having to take care of them after you are gone. The good [...]
How to Avoid Financial Troubles from Medical Bills
The cost of healthcare keeps rising. If you are a senior, then this can be even more troublesome. As you age, you need more medical care than you have previously in your life. Some statistics say that as high as three in five bankruptcies are due to people being overwhelmed [...]
The Dangers of Holding Joint Assets
Do you have assets that are held jointly by you and your spouse? You may have done this in order to protect those assets for one of you should something happen to the other. It is true that jointly held assets are not subject to probate. Creditors that are owed [...]
The Risks of Receiving In-Home Care
It’s only natural that we seek out the comforts of home, no matter the circumstances. We feel safe in familiar surroundings. Nowhere is this more evident than as age and begin to suffer from the effects of the aging process. We may not move around as well, and suffer from [...]