Lakewood, Colorado Elder Law And Estate Planning Law Blog
What is the Medicaid spousal impoverishment provision?
You may face the difficult decision to place your spouse in a nursing home. It might seem like the best way for your spouse to receive the care that he or she needs. However, you also recognize that nursing homes can be expensive, and if you have spent your assets...
The importance of continually updating your estate plan
When you completed your estate plan, there was a huge sigh of relief. It was an offputtingly task, in your mind, because it caused you to think about your demise and what would happen in the event of your death or incapacitation. Nonetheless, this was an essential...
Fees, time and other probate challenges
When someone passes away, their loved ones often endure a number of hardships, from emotional pain to financial uncertainty. Setting up an estate plan helps people account for these challenges and minimize the impact of their death. However, estate-related issues are...
What type of care does dementia require and how can you pay for it?
Dementia is a general term that refers to a disease that causes changes in the brain. The most common dementia disorder is Alzheimer’s. People who suffer from types of dementia have behavioral and medical health needs that can be costly. Fortunately, there are...
How can I avoid issues with government benefits with special needs planning?
When you have a child with special needs, you may rely on certain government benefits to assist with care and expenses. Even if you do not use these benefits currently, you need to keep them in mind as you develop your estate plan. You want to be sure that you do not...
Understanding elder abuse and neglect
As more and more people in the United States reach their older years, the problems associated with elder abuse may sadly grow with them. Families everywhere must make the difficult choices involved in how to provide the best care for their aging parents and other...
Advance directives are an important part of an estate plan
The term advance directives is a complicated way of referring to some legal documents which Colorado residents can use to help their family members make important medical decisions for them if they are no longer able to do so. Advance directives are important...
Understanding the Medicaid spend down process
If you have a parent or other family member who is in need of nursing home care or in-home care, you know that these services can be very costly. Nobody wants to be forced to compromise on the level of care a loved one needs only due to the lack of funds. Many older...
Can my power of attorney expire?
When you create your estate plan, you may choose to create a power of attorney. This instruction gives a person the ability to make decisions on your behalf. The type of power of attorney you require depends on what you need. Some powers do not have an official...
Will my parent’s estate need to be probated?
Losing a parent is never easy, even if your parent was lucky enough to live a long and happy life. What can make the struggle even more difficult is if you have been designated to probate your parent’s estate. After all, most people in Lakewood do not have much...
