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September 2019 Archives

Is Medicaid only for low-income adults?

There is a prevalent misconception that Medicaid only provides coverage for low-income families. While Medicaid does help families with lower-incomes, it also allows millions of residents across the United States each year.

Medicaid planning can help protect home ownership

People in Colorado, and the United States generally, are living longer and healthier lives. The longer a person lives the more likely it becomes that he or she will require some form of long-term care. Medicaid is a principal provider of coverage for long term care but financial eligibility must be met to receive care. This makes Medicaid planning imperative before the need for the care arises.

Do Americans really care about estate planning?

In 2016, WealthCounsel, an estate planning and guidance company, conducted a study to understand what Americans really know and what they think about estate planning. The most common response, by over half of the respondents, believed estate planning is only for the wealthy and isn't necessary for the everyday American.

Could a Medicaid spend down help pay for assisted living?

Many people may think of nursing homes when they hear about an assisted living facility, but the two are not quite the same. Assisted living facilities are usually not equipped with the same level of medical care that is available in a nursing home, and instead focus on helping residents live independently. They sometimes offer different kinds of care depending on the needs of a resident, but a more advanced level of care also increases the cost.

Estate planning biggest mistake is failure to make a plan

People undertake projects every day. Some are completed successfully and others not so much. Of the failing projects it is often said that mistakes were made. People in Colorado are not immune to failure and a project where mistakes can happen is in estate planning. A basic understanding of what a plan should aim to accomplish can help avert mistakes.

Care coordination for aging parents can provide peace of mind

People are living longer in Colorado and the question of how to do that gracefully is on the forefront of many people's minds. One term frequently heard is "age in place," which is the considered the best scenario and allows a person to remain at home. There are issues that should be addressed in order to make this goal a realistic choice. Care coordination undertaken before an aging person requires extra help is the best approach.

7 things to consider about your estate plan after divorce

Estate planning allows you to control the distribution of your assets after your death. However, the priorities outlined in a will or trust often change after the end of a marriage. That’s why it’s crucial to scrutinize your estate plans going forward after divorce.

Estate planning tips for retirees

Transitioning to retirement can be the fulfillment of a lifelong dream for many Coloradans, but it can also be a stressful time. There are many legal considerations you must make to prepare for this new chapter in your life as well as for those you love.

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    • Super Lawyers
    • Super Lawyers
    • ACTEC | The American College Of Trust And Estate Counsel
    • Top Lawyers 2015 | 5280
    • ACTEC | The American College Of Trust And Estate Counsel
    • Top Lawyers 2015 | 5280
    • Life Care Planning Law Firms Association
    • National Academy of Elder Law Attorneys, Inc
    • NELF | National Elder Law Foundation