At the law office of Beth Prather, you will find a team ready to help you through some of life’s most difficult moments. Beth Prather’s credentials as a board certified elder law attorney with expertise in the areas of estate planning, probate, trusts, guardianship, Medicaid, and VA planning bring clients through the door. Her down-to-earth approach and skill at communicating in a manner that can make sense out of difficult topics keep clients coming back.
“I’m not going to a nursing home, I want to stay in my own home.” Unfortunately, physical and mental capacity issues may require additional care that is difficult and extraordinarily expensive in your home. Transitioning into an assisted living or skilled nursing facility can be exhausting and expensive. Proper advanced Medicaid planning with an Elder Law attorney can help you find the government resources to pay for a majority of your health care costs. The
Conflict is a normal, natural part of everyone’s life. Factors that can exacerbate conflict include the well-known things to avoid in polite conversation: religion, politics and money. For families, these big three topics quickly trigger emotions that can be difficult to defuse and when things go awry the aftermath can be felt for decades. According to a May 2018 AARP article “Millennials: The Emerging Generation of Family Caregivers,” there are 40 million family caregivers in
Are you worried about the impact of a Nursing Home stay on you or a spouse? You are not alone! The majority of older adults worry about this possibility. Consider the following: • How will I pay for Nursing Home Care? Medicare coverage is available in many cases but is limited in payment duration. Long Term Care insurance can do wonders in protecting our assets and may even increase your chances of gaining
Clients frequently tell me they want to add a child as a joint owner on their accounts and assets for “convenience”. There are numerous reasons why this should not be done, and why it is probably the most inconvenient thing that you can do. The biggest reasons people want to do it are to avoid inheritance tax, and the money will transfer automatically to the child, and not get frozen, upon the parent’s death. Although
There are many important considerations while doing your estate planning. Sometimes, it is difficult to understand the terms and language that are brought up during this time. Here is a breakdown of some of the most important aspects: Probate Defined: Probate is defined as the court process during which a deceased person’s assets are transferred to their beneficiaries. During that time, there is a creditors’ claim period where we publish the proceedings in the newspaper