Elder Law

Medicaid Planning

Let's face it. Long term nursing care, either in a facility or at home is expensive. Depending on location and level of care, nursing homes cost between $35,000 and $150,000 a year. Home health aid costs about $200 per day. Most people end up paying for nursing home care until their savings run out. Then what? Is there a way to protect your assets for your spouse, your children, or your favorite charity and still obtain the level of care that you need? Medicare Part A covers up to 100 day...

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Debra G. Simms 10/24/2010 3:22:00 PM Comments(0)

Estate Planning for the Baby Boomers

Many people ask me whether estate planning is different for the baby boomers than it was for their parents' generation. Being a boomer, myself, I feel well qualified to answer that question. And the answer is Yes! Our parents' lifestyle during their working years differered from ours in many ways. They often had a single job, lived in a single city, sometimes even a single home, for most of their working lives. They had one mortgage and paid it off before they retired. The paid off house w...

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Debra G. Simms 9/7/2010 1:31:00 PM Comments(0)

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