Tags » Long Term Care Planning

LKG Law P.A.

LKG Law P.A.
500 Australian Avenue South, Suite 600
West Palm Beach, FL 33401
561-267-2207
https://www.lkglawpa.com/

LKG LAW P.A. West Palm Beach, FL is an advocate for protecting the legal rights and financial resources of senior citizens, people with disabilities, and their families in order to obtain long-term care services. 65 more words

Elder Law

Dementia Resource Publication

We have been working on a publishing project with Middle Alabama Area Agency on Aging (M4A) to produce dementia friendly resources for professionals and caregivers.  This booklet was published in June 2017 and can be read here.   37 more words

Education

Pooled Trusts & Medicaid Planning

Pooled Trusts & Medicaid Planning

A powerful tool for Medicaid planning that we are seeing more use from is a Pooled Trust. A Pooled Trust (sometimes referred to as a (d)(4)(C) trust) is a very specific type of trust used to help disabled individuals qualify for the government benefits they need while maintaining some funds set aside for things they may want to preserve the quality of life they are used to. 1,265 more words

Elder Law

Deeding Property with a Reserved Life Estate

The term “life estate” often comes up in discussions of estate and Medicaid planning, but what exactly does it mean? A life estate is a form of joint ownership that allows one person to remain in a house until his or her death, at which time it passes to the other owner, referred to as the person with the remainder interest. 721 more words

Education

How to Deduct Long-Term Care Premiums From Your Income


Taxpayers with long-term care insurance policies can deduct some of their premiums from their income. Whether you can use the deduction requires comparing your medical expenses to your income in a complicated formula. 318 more words

Education

Avoid Living Probate: How to Keep Conservators Out of Your Estate?

While most proactive individuals know the importance of having a well-rounded estate plan, it is typically considered as something that will take effect after they have passed away. 791 more words

Estate Planning

Sad End for Penn Treaty Insurance -- Reblog

Jeff Marshall, a highly-respected colleague in Williamsport, Pennsylvania, documented the failure of Penn Treaty Insurance’s long-term care insurance products in “Sad End for Penn Treaty Insurance… 76 more words

Elder Law