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There are often situations in which an older person needs the services of an attorney and medical professionals. A recent article in Bifocal, apublication of the American Bar Association, highlighted six scenarios in which such a collaboration would be beneficial to the older patient-client’s well-being, as well as the professionals. This issue of PLANNER will summarize these situations. Decisional Capacity IssuesWhen provided with adequate information, most older individuals retain sufficient cognitive and...

PLAN OR PAYWhat are your options?The Purpose of this ArticleThe decision to move a family member or loved one into a nursing home is one of the most difficult decisions you can make. The laws are very complex and the decision is very emotional. That emotional time can be fraught with downfalls. Make one wrong step and assets can be lost or benefits...

If a potential Medicaid recipient desires to qualify for benefits, but yet preserve his or her assets within the family, he or she must gift those assets away. After a 5-year lookback period, the transferred assets are no longer countable for purposes of determining the recipient’s eligibility for Medicaid benefits. This raises the question of whether the form of the gift should be an...

“Whatever can go wrong, will go wrong.” Murphy’s Law applies itself with surprising vigor in the estate planning field. If your clients are leaving outright, no-strings-attached inheritances or gifts to their beneficiaries, they are practically inviting disaster. But, there’s hope. A properly designed estate plan protects a client’s beneficiary and can help grow your business. How Proper Planning Benefits Your...

Estate planning is an important step for anyone, regardless of age. However, it can be especially important for young adults to start thinking about it early on. Estate planning allows you to make decisions about what will happen to your assets, property, Estate planning is an important step for anyone, regardless of age. However, it can be especially important for...

Instead of taking steps based on what you’ve heard from others, doing nothing, or enlisting a non-lawyer referred by a nursing home, you can hire an elder law attorney. At the Law offices of Louis P. Lepore can help you save money in the long run as well as make sure you are getting the best care for your loved one. Here...