Caring for your child with special needs might feel like a responsibility only you can do. The thought of someone taking over for you could cause you to feel angst. However, knowing that someone you trust has agreed to care for your child in an emergency situation...
If you are trying to plan for the future, you may be considering Medicaid. This health insurance program can do wonders for people who need financial help, and in some cases, it is easy to enroll. But what if you find a denial letter in your mailbox or the program...
If you have close family members and friends, you may want to pass some of your prosperity onto those who matter most to you. By creating a comprehensive estate plan, you leave no doubt about which of your loved ones you want to receive your assets. You always have...
If you are a business owner, your company is an important part of who you are. But what will happen to the business when you are no longer here? You can keep the company up and running with the help of some prudent estate planning. Consider a buy-sell agreement...
When it comes to medications, the Food and Drug Administration (FDA) sets strict standards for consumer safety. However, patients may unknowingly take defective drugs with dangerous side effects. Who is at fault if a drug causes serious or even fatal results? Issuing...
Medical care for an elderly individual can have major financial implications for both spouses in a marriage. While Medicaid exists to help pay for long-term care, you may wish to know if your Medicaid plan can support your partner back at home. Determining Medicaid...
Even though a dementia diagnosis is likely to stop you in your tracks, you are not alone in the future you face. In fact, the Centers for Disease Control and Prevention estimates that roughly 6.8 million Americans are living with dementia. About 200,000 of these are...
Your estate planning could include a trust that manages assets for an adult requiring lifelong care. The AARP notes that you may create a special needs trust to provide for a beneficiary who has a disability or an injury. Before you die, you could set up a support...
Planning for the future is critical when you have a special needs child. You have to be sure that once you are no longer here there will be someone to take care of him or her. While you certainly should get all the legal matters, such as a trust or will, in place, you...
When making an estate plan, you may initially focus on how you can set things up for the future after your death. Of course, this is a crucial matter to cover, and you want things to run smoothly in terms of transference of assets and property. But did you know that...
