You Can Be Sued For Your Parent’s Nursing Home Bill

Yes, you read that title correctly. In Pennsylvania, a nursing home can sue adult children for a parent’s unpaid nursing home bills. This law is called the Filial Responsibility Law and you need to be aware of it if your parents are currently receiving care or may need care in the future. This law has been in existence for decades but has only recently been used by nursing homes to recover a parent’s unpaid medical

Medicaid Spend Down Planning

When you go into a nursing home and want Medicaid to pay the bill, you must be below the government’s asset thresholds. Unfortunately, you essentially must go broke before the government will help pay for your care. When someone with assets goes into a nursing home, they must pay privately for care or take other legitimate actions to get the countable assets low enough for eligibility. The process of decreasing assets to become eligible for

Why Would I Consider a Trust For My Estate Planning?

Everyone needs an estate plan, it doesn’t matter what your socio-economic circumstances are. A simple estate plan will typically contain at least three documents. This will generally include a durable medical power of attorney and a durable financial power of attorney. The other document typically found is a way to pass your property upon death such as a will. However, there are times when a trust might be an option in your estate planning instead

Do You Know What To Do When Someone Dies?

It is surprising that even though the one thing so certain in life’s cycle is death, many people don’t know what to do when that inevitable event occurs. Following is a short guide of what to do:   At the time of death: Call 911, your local Coroner’s Office or your hospice professional if your loved one is enrolled with hospice. Call family members or friends and ask for help in notifying others. Look through

No One Plans to Fail

No one wakes up in the morning with a deliberate plan to fail, but I do believe many of us plan for failure by simply procrastinating because while we all know we will die it all seems so far off. Unfortunately, too often the unexpected arises, and families are left scrambling to figure out what to do for those they love. When my mother’s health became such that my father had to place her in

How to Preserve Assets When Faced With Long Term Care Costs

It is estimated that over 70% of people over 65 will need some type of Long Term Care(LTC) according to the US Department of Health & Human Services. Meet Charlie and Fran.  They have three children, 9 grandchildren and 5 great grandchildren…so far!  They have hopes and dreams for their future generations and have worked hard to ensure their legacy is passed on.  As they age, they realize that if either one of them needs