An individual can own firearms in a unique way through a gun trust, which enables them to share access to firearms with others while still complying with the law. This approach is beneficial for those who own restricted firearms or…
Families and individuals with low incomes can get health insurance through Medicaid. However, because of the steep costs associated with long-term care, Medicaid planning is a growing trend for individuals with higher net worth as an alternative to spending down…
Family members with special needs can benefit from special needs trusts (SNTs) by ensuring they have the resources to thrive long-term. A special needs trust can provide fiduciary management and oversight for a loved one unable to manage property or…
You can designate an individual as your power of attorney if you want them to make decisions or conduct transactions on your behalf. They could be related to personal finances, business operations, or medical needs and used for a single…
Senior consumerism is evolving into a market centered on wellness and solutions at an affordable price. Improving and maintaining greater physical and mental health lifestyles through proactive and preventative measures is increasing. For seniors to thrive and flourish in retirement,…
Estate planning involves many types of trusts; irrevocable and revocable trusts are the most common. While there is some similarity, these two major categories of trusts have different purposes in your estate plan. Both can substitute for a last will…
In addition to self-monitoring medical devices, telehealth, and smart homes, the internet of things and technological advancements enable many older Americans to stay in their homes longer and live more safely. Elder law and at-home medical technology uses can intersect…
Guardians or conservators usually take care of adults with developmental disabilities who are incapable of making important decisions or caring for themselves. Establishing a legal guardian is the job of the court, which appoints a person (guardian) to make personal…
A number of tax provisions have been incorporated into the Inflation Reduction Act (IRA) which went into effect in August 2022, along with the SECURE 2.0 Act which went into effect in December 2022. Lower-income household tax code changes will…
The manner in which a home and other types of real property are titled deserves careful consideration. Real estate constitutes the land and any structure, including vegetation, livestock, crops, and other natural resources that sit on the land under the…
