by David Edwards | Sep 9, 2022 | Elder Care Advising, Power of Attorney
What does signing a Healthcare POA do for me? We talked previously about how a POA differs from a DNR (which is now referred to as a POLST). A Healthcare Power of Attorney is a very useful legal document that provides authorization for someone to act on your behalf... 
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 | May 26, 2022 | Elder Care Advising, EP-FamilyFarmsPage, Family Farm
Many families think that joint ownership will make things fairer or even help avoid probate. What they don’t know is that it can really cause some problems. It can go a little something like this… Grandad left his property to Dad. Then when Dad passed away... 
by David Edwards | Apr 20, 2022 | Elder Care Advising
People are living longer than ever these days, and while that is a good thing, it definitely presents challenges. Regardless of you or your loved one’s stage in life, good planning requires that you ask good questions. And asking good questions can sometimes be... 
by David Edwards | Apr 18, 2022 | Asset Protection, Elder Care Advising
We’ve previously talked about asset protection, but before we jump into some real-life examples, let’s review: Asset protection is simply protecting the things you own. This could be your house, your savings accounts, your IRAs, farmland, etc. Life is unpredictable,... 
by David Edwards | Mar 22, 2022 | EC-MedicaidPage, EC-MedicarePage, Medicaid/Medicare, Nursing Home
Medicaid and Medicare are the two primary healthcare programs available to assist seniors with medical expenses. Unfortunately, their names are very similar, so it causes a lot of confusion. In this article, we will try to reduce some of that confusion by summarizing...