by David Edwards | Oct 3, 2022 | Elder Care Advising, Estate Planning
First, what’s the difference between Estate Planning and Elder Care? Estate planning and elder care/elder law are two areas of legal practice that are often under the same umbrella, but there are important differences between them. Many times these two concepts are... by David Edwards | May 31, 2022 | Medicaid/Medicare, Nursing Home
This is the real-life story of two sisters, an annuity, nursing home costs, and why Medicaid Planning matters. Mom did not have much, but she owned her home, had a steady retirement income, and had purchased two annuities. Each in the amount of $50,000. Each daughter... by David Edwards | Mar 31, 2022 | Estate Planning
Unfortunately, printing a will from the internet and filling in the blanks does not create an effective estate plan. It’s best if you take some time to educate yourself about the estate planning process, and that includes estate planning pitfalls to avoid. Here... by David Edwards | Sep 10, 2021 | Estate Planning
“An ounce of prevention is worth a pound of cure.” When it comes to estate planning, this quote from Benjamin Franklin could not be more true. Oftentimes, people don’t think of estate planning, or the issues related to it, until it is too late. As a... by David Edwards | Sep 2, 2021 | Asset Protection, Elder Care Advising, Wills and Trusts
So, what are life estates or life estate deeds? Sometimes, instead of using a trust, people will use a life estate deed to try and protect a house or farmland. This means they deed the land to their kids but reserve the right to still use the house or the farm as long...