In previous blog posts, we have talked about the upsetting consequences of financial abuse by a fiduciary, like an agent under power of attorney. These parties are supposed to protect the interests of vulnerable adults, but too many of them use their position to...
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Medicaid planning myths you should not believe
According to Medicaid.gov, about 1.2 million Coloradoans are enrolled in the Medicaid program. This is roughly 22 percent of the state's population. And while many of us know someone who receives Medicaid, there remains a wide range of myths about the program. Those...
Young and single? You still need to think about estate planning
If you are young, healthy and unmarried, chances are one of the last things on your mind is estate planning. You might assume you have nothing to protect, or you might think that your parents will be able to make any decisions on your behalf if you become...
Who should I talk to about my wishes?
Your will and end-of-life care decisions are undoubtedly private. What you do in terms of your estate plan is up to you, and you should design a plan that reflects your wishes. That said, estate planning and probate do not happen in a vacuum. Other people can and will...
Should I have a letter of instruction with my estate plan?
When you start thinking about an estate plan, it is easy to get a little overwhelmed by all the options and tools available. Further, folks can worry that some of their wishes or thoughts get lost in the legal jargon. If you are in this position and you want to...
How emotions can affect the probate process
Probate is a legal process, but it is also a highly emotional process. Often, it can be a challenge for parties to separate their emotions from the legal demands but doing so – at least to some extent – can make probate a little easier. If you have recently lost...
What and who does Medicaid cover?
People can misunderstand what Medicaid coverage looks like and who is actually covered, adversely affecting their long-term care plans. To avoid missing out on critical benefits and exhausting your own resources in the interest of qualifying for coverage, read on for...
School and elder care: Tips to help you manage both
If you are a parent who also takes care of your parent, you could be nervous about how this school year will affect your schedules. Kids may be in the classroom or distance learning, and there can be activities starting up or coming to an end, which can complicate...
Tips for talking to nursing home staff about care concerns
Having a loved one in a nursing home may not be what you hoped for or expected, but it can be the best place for them to receive the care they require. However, you can still advocate for their needs if you feel changes are necessary. This could be the case if you are...
Are all trusts the same?
Establishing a trust can be a wise decision for anyone who wants to shield assets from probate or make it easier to transfer property. However, not all trusts are the same. There are specific benefits and limitations of every type of trust. To protect your wishes and...