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Medicaid and Medicare: What’s the Difference?
Understanding the Difference Between Medicaid and Medicare: Why It Matters Medicaid and Medicare are two essential healthcare programs often confused due to their similarities. However, understanding their differences is critical for making informed healthcare decisions, ensuring access to appropriate benefits, and planning for future medical and financial needs. In addition[...]
Prioritizing Self-Care During Stress Awareness Month
Prioritizing Self-Care During Stress Awareness Month April marks Stress Awareness Month, a time dedicated to understanding stress’s impact and promoting healthier coping methods. For caregivers, especially family members, this observance takes on particular significance. Caregiving is an act of love and dedication, but it often comes with immense emotional, physical,[...]
Do You Need a Revocable Living Trust?
Do You Need a Revocable Living Trust? One of the first questions many Elder Advisors Law clients ask is whether they need a Revocable Living Trust, an Irrevocable Trust, or an Asset Protection Trust. Let's begin with a revocable living trust is a great paper trail for an asset protection[...]
The Difference Between Alzheimer’s Disease and Dementia
The Difference Between Alzheimer’s Disease and Dementia Many people think that Alzheimer’s disease and dementia are interchangeable terms for the same medical condition. This is not the case. Dementia is an umbrella term encompassing various conditions associated with memory loss. Alzheimer’s disease, on the other hand, is a specific type[...]
Navigating Elder Law, Estate Planning, and Financial Security
Navigating Elder Law, Estate Planning, and Financial Security As we journey through life, we accumulate experiences, wisdom, and assets that shape our legacy. For many Elder Advisors Law clients, the golden years of retirement represent a time of reflection, relaxation, and enjoyment of the fruits of their labor. However, this[...]
How to Choose the Best Caregiver
How to Choose the Best Caregiver for Someone At Elder Advisors Law, we understand it can feel overwhelming and confusing when it comes time to choose the best caregiver for yourself or someone to assist a family member. This is a highly personal decision you want confidence in moving forward,[...]
Generational Wealth Transfer
Generational Wealth Transfer: Passing on Values and Assets Generational wealth transfer is not merely the movement of financial assets from one generation to the next; it's a process that involves the delicate balance of preserving family values, fostering financial responsibility, and ensuring a lasting legacy. As families embark on the[...]
The New Year is a Great Time to Review Your Estate Plan
The New Year is a Great Time to Review Your Estate Plan. The Elder Advisors Law team would like to add one more item to your New Year’s resolutions list—reviewing your estate plan. Why is it so important to keep your plan up to date? In a word, change. As[...]
A Will is a Key Component of Any Estate Plan, But It’s Not Enough.
A Will is a Key Component of Any Estate Plan, But It’s Not Enough. Our Elder Advisors Law team has observed that when most people think of estate planning, writing out their wills usually comes to mind. While a will can help you accomplish several important planning goals, it’s certainly not a[...]
Could You Benefit from an Irrevocable Living Trust?
Could You Benefit from an Irrevocable Living Trust? An Irrevocable Living Trust is a legal arrangement where the grantor (the person creating the trust) transfers ownership of their assets into the trust. Unlike a revocable trust, once an irrevocable trust is established, the grantor cannot modify, amend, or terminate it[...]
