A lot of folks in their position are trying to figure out the Medicaid system. There’s a few ways we pay for long term care. Private pay is an option. Some folks have some long-term care insurance. Some folks have enough financial assets to satisfy that. And then there’s the Medicaid system. But Medicaid is …Read More
A lot of folks will come to us with a loved one in a medical emergency, and they’re concerned about the expenses. And there are ways to cover the costs of care. There is certain insurance policies that can help with that. There are state programs through the Medicaid system and there are programs through …Read More
A lot of clients will come to us in what’s called a medicaid spend down situation. And what that basically means is the state of Ohio doesn’t really want to pay the bill any more than us. Medicaid is a needs based program. You have to have a medical need, but you also have to …Read More
A lot of folks will come to us because mom or dad has a memory issue dealing with Alzheimer’s or dementia. How do we care for that family member? There are programs out there for home health care there. Hospice programs out there that will help with that will assist in the Alzheimer’s Association is …Read More
Many times when I’m working with the family after the death of a loved one, I do what we call fill up the buckets. The first thing I have to identify is, is the different types of assets that the family has, whether it’s a house, a checking account, a brokerage account, an insurance policy, …Read More
A lot of folks will come to us with what’s called a community or healthy spouse. And unfortunately, that means one parent or loved ones in a facility, the other person or a loved one is able to stay at home in a community. One of the best deductions we have is the protection of …Read More
A lot of folks will come to us because of the needs of their parents with serious memory issues. We hear the word Alzheimer’s. We hear the word dementia. And unfortunately, they don’t have the capacity to make a good or a bad decision. The first thing we’ll ask for is, well, do you …Read More
A big part of estate planning nowadays is efficiency. In the old days, it was taxes, taxes, and more taxes. Taxes are still out there, but most often folks will come in and say, “Chris, I want to make things a little easier for the next generation. I just settled the estate of my parents, …Read More
A lot of clients will come to us and they want to protect the property, and they’ll ask us to simply transfer or gift the property outright to their children. We’re hesitant to do that for a few reasons. We have to look out for the best interest of the client, and if we …Read More
A lot of clients come to us and they are taking care of their parents. They’re acting in what we call fiduciary relationship, usually as the power of attorney. The client will ask a lot of questions as far as responsibility goes, and as long as you’re acting prudently or in the best interest of …Read More
