Special needs adults may need help in some areas. While you may plan on assisting your child, someone else may need to fill this role if something happens to you. You may want to consider appointing a guardian. According to the Georgia Council on Developmental...
Month: July 2021
How estate planning offers you protection and preparation
Baby boomers are the largest population group in the U.S. Most of you are healthy, vibrant and not ready to retire. However, it is not too soon to provide for the protection of your hard-earned assets. Reasons for postponing estate planning may include apprehension of...
What are the different ways you can title your assets?
Asset titling is a crucial part of your estate plan. Appropriate titles can help you ensure that your assets and investments get distributed in the way you intend, whereas careless titling or mistakes can have unintended consequences. Per J.P. Morgan, asset tilting...
Understanding A Medicaid Spend Down
A Medicaid spend down centers on people who make too much money to qualify for Medicaid. The question quickly shifts to why someone would want to have less money. And why would anyone do so for Medicaid? Why Someone Would Do A Spend Down This comes down to long-term...
3 things you should know about Medicaid planning
Medicaid planning is complex, and navigating it with your loved one may be frustrating. The application process is time-consuming, so understanding the planning process is essential if you want to get your loved ones the care they deserve. To save yourself unnecessary...
3 ways to help your loved one adjust to a nursing home
Putting your loved one in a nursing home is a difficult choice. This person will likely feel upset since you moved him or her from the house he or she lived in for decades into an unfamiliar place. Be patient and understand that the transition period will not last...
Can I limit the powers of a guardian?
Watching a close relative decline in health or mental ability can be painful, perhaps made worse because you know you may have to ask a court to appoint a guardian for your loved one. Establishing guardianship means removing rights from your relative. However, you may...
3 red flags during your tour of a prospective nursing home
If electing to place your elderly parent in a nursing home is the most difficult decision you have faced recently, picking the right facility is undoubtedly a close second. After all, not all nursing homes provide the same level of care. When you are searching for the...
