While a Lady Bird Deed can sound like the perfect "shortcut," it is rarely a complete substitute for a comprehensive estate plan. Let’s dive … [Read more...] about Understanding a Lady Bird Deed in North Carolina: What it Does and Doesn’t Do
Why Adding Your Kids to Your Deed is a Major Mistake
It happens all the time. A well-meaning homeowner wants to ensure their children are taken care of, so they head down to the courthouse or … [Read more...] about Why Adding Your Kids to Your Deed is a Major Mistake
Understanding the North Carolina Medicaid Estate Recovery Program: What Families Need to Know
Many of our clients include Medicaid planning as part of their estate plan. That’s because they understand the high cost of long-term care … [Read more...] about Understanding the North Carolina Medicaid Estate Recovery Program: What Families Need to Know
What Is the Medicaid “Spend Down” Requirement?
Anticipating the very real possibility of the need for long-term care is something I urge my clients to consider when creating or updating … [Read more...] about What Is the Medicaid “Spend Down” Requirement?
What Is the Medicaid “Look-Back” Provision?
You may make it to your retirement years without ever needing to qualify for Medicaid because you were fortunate enough to be covered by … [Read more...] about What Is the Medicaid “Look-Back” Provision?
What Is the Medicaid Waiting Period?
Many of our older clients are unfamiliar with the eligibility requirements and participant benefits of the Medicaid program because they … [Read more...] about What Is the Medicaid Waiting Period?
Plan Early to Protect Your IRA in Advance of a Possible Medicaid Application
Given the high cost of nursing home care, I often discuss with clients how to protect and manage their estates in the face of this risk. … [Read more...] about Plan Early to Protect Your IRA in Advance of a Possible Medicaid Application
Getting Things Right with Long-Term Care Insurance.
When I discuss estate planning with clients I try and explain the importance of planning for the cost of long-term care within their estate … [Read more...] about Getting Things Right with Long-Term Care Insurance.
Are You Eligible for Medicaid If You Own a House?
I addressed the differences between Medicare and Medicaid as well as introducing some basics of Medicaid Planning in my blog post earlier … [Read more...] about Are You Eligible for Medicaid If You Own a House?
