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Estate Planning and Elder Law Blog

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Social Security and In VItro

Does Quality Sleep Help with Alzheimer’s?

Posted on: December 2, 2020 | By: David Parker, Esq.
So how does one clean the brain? According to a study published in the journal Science, prioritizing sleep could be the key to eliminating toxins.
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What doesn't Medicare cover.

Intestate - How Does Court Choose an Executor if a Will Isn’t Available?

Posted on: December 1, 2020 | By: David Parker, Esq.
An essential part of estate planning is selecting someone to represent you after your death in the management of your estate. This personal representative is also known as an executor, or executrix, if you choose a woman as your personal representative.
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Co-op and transferring to the kids

Tax Basis - Homeownership and Medicaid Can Be Problem

Posted on: November 30, 2020 | By: David Parker, Esq.
Many people work hard to acquire real estate and then later find that that real estate makes them ineligible for Medicaid to help pay for nursing home or in-home, long-term care.
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Work on your Estate Plan

Scottish Actor Sean Connery May Have Had Dementia

Posted on: November 27, 2020 | By: David Parker, Esq.
Iconic Scottish actor Sean Connery, who has died at the age of 90, suffered from dementia in his final years, his widow Micheline Roquebrune revealed on Sunday.
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How do you pass a certificate of deposit without a Will.

How Successful was the CMS Program with Telehealth for Senior Care?

Posted on: November 26, 2020 | By: David Parker, Esq.
A CMS program that provides long-term care for seniors in need of support services used telehealth to keep those connections going during the coronavirus pandemic.
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What Is a GRIT and Should It Be Used in an Estate Plan?

Posted on: November 25, 2020 | By: David Parker, Esq.
Trusts can be useful in estate planning for passing on assets to your heirs. A grantor retained income trust (GRIT) is a specific type of trust that allows you to transfer assets, while still benefiting from the income they generate.
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How does Portability work?

The Biggest Mistake in Trusts: Funding the Trust

Posted on: November 24, 2020 | By: David Parker, Esq.
Your real estate holdings, life insurance, bank accounts and retirement savings won’t magically flow into your trust.
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What Happened to Phil Spector

How Do Joint Accounts and Beneficiary Designations Work in Estate Planning?

Posted on: November 23, 2020 | By: David Parker, Esq.
Remember that a will goes through probate, so a husband and wife typically try to avoid it by using joint ownership or beneficiary designations. However, they’re often mistaken by believing the will still controls their estate.
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In-Home Aide is a life saver

Caregiving - What Should I Remember when My Parents Move in with Me?

Posted on: November 20, 2020 | By: David Parker, Esq.
Moving elderly parents into your home can bring daunting challenges and unexpected closeness. Over the past 20 years, parents living with their adult children has become increasingly common.
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Unmarried Couples and estate planning

Do You Need to Name a Guardian for Your Children in the Will?

Posted on: November 19, 2020 | By: David Parker, Esq.
Why naming a guardian for your child is important.
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