The laws that govern Medicaid are constantly changing and so too are the appropriate planning strategies.

I wish it were simpler, but unfortunately, leaving an inheritance to minors is a bit complicated. This month’s blog post will walk you through the options.

Personal independence—the ability to stay in charge of our own lives—is something we should aim for all year long and is the subject of this month’s post.

When you pass away, if your assets (like your house, bank accounts, or car) are only in your name without a designated beneficiary, joint owner or a trust, they will need to go through a process called probate.

If assets are transferred into the Medicaid Protection Trust five years before a Medicaid application is made, those assets will be protected from long term care costs and from collection from the state of Ohio after death.

Thanks to a piece of legislation commonly referred to as the “Nursing Home Bill of Rights,” residents of facilities that provide accommodations to three or more unrelated people for more than twenty-four hours, enjoy a wide array of protections.

The following are the two big reasons to have an elder law lawyer review your nursing home or assisted living agreement before signing.

Estate planning is the process of putting a legal plan in place so that in the event of your death or disability, your affairs will be managed in accordance with your wishes and will save your family headache and money.

It is generally a good idea to have a named beneficiary of a retirement account, like a Traditional IRA or 401(k) or other tax deferred retirement account because a named beneficiary is able to stretch distributions more than an estate can, mitigating the income tax due from the distributions.

Generally, I advise against this arrangement. There are two primary reasons for my position.

Creating estate planning documents is only part of the process. Equally important is ensuring that the right people know where the documents are located and can access them when needed.

Making a gift to a charity in your estate plan is a wonderful way to give back. Today's blog post will talk about the basics of charitable giving.

If you or a loved one is facing the need for long term care, that is nursing home, assisted living or home care, you know how expensive it is. Medicaid planning utilizes legal and financial strategies to qualify for government programs like Medicaid to pay for long term care and save you and your family money.

We have made changes to how we conduct business in order to keep our clients and staff safe and healthy.

When putting together an estate plan, it is essential to review the accounts and determine the best way to leave them to loved ones.