PAYING FOR LONG TERM CARE
As we age, the likelihood of needing long-term care for either a finite amount of time or indefinitely increases. It is important to understand who is responsible for paying for long-term care. Many people think that if they are in a skilled nursing facility long-term, then Medicare will pay. The reality is that Medicare has… Read More »
SHOULD I TRANSFER MY HOUSE TO MY KIDS?
SHOULD I TRANSFER MY HOUSE TO MY KIDS? This question, in its various forms, is a regular question amongst most elderly people. The question is short and straight forward. The preparation of the deed (Quitclaim Deed) is easy and fairly inexpensive. Not discussing the potential implications of such a simple transaction with an attorney prior… Read More »