Protect the Assets of Someone with Dementia

How Do You Protect the Assets of Someone with Dementia?

Receiving a diagnosis of Alzheimer’s or a similar form of dementia can be daunting. However, taking proactive measures now can help mitigate future difficulties. This disease gradually disrupts cognitive functions, impacting daily activities for both the person affected and their caregivers. Planning ahead allows you to make informed choices concerning healthcare, finances, and end-of-life wishes,…

medicaid

How To Prevent Medicaid From Taking a Late Relative Remaining Assets

Medicaid plays a critical role in providing essential financial support for long-term care services, particularly for seniors who may not have sufficient coverage through private insurance or Medicare. It helps bridge the gap by covering various necessary services, such as nursing home care, personal care assistance, and related support. However, seniors and their families must…

long term care

How an Attorney Can Help You Qualify for Medicaid Long-Term Care Benefits

Long-term care refers to a wide array of services and support systems tailored to address health and personal care needs over an extended duration. This type of care primarily involves personal assistance, which includes everyday activities known as Activities of Daily Living (ADLs). These activities may include bathing, dressing, eating, and maintaining personal hygiene. The…

long term care

How To Qualify for Florida Long-Term Care Benefits

Long-term care (LTC) is designed to provide critical services that assist individuals with chronic conditions in managing limitations that may impede their ability to live independently. Unlike traditional medical care, long-term care focuses on maintaining a person’s current level of functioning rather than trying to improve or cure underlying medical issues. For individuals facing physical…

power of attorney

Why Your Current Power of Attorney May be Useless if You Want To Protect Assets

A power of attorney, also referred to as a POA, is a legally binding document that grants another individual, known as the agent or attorney-in-fact, the authority to act on your behalf in various legal and financial matters. This can include managing your finances, making healthcare decisions, and handling real estate transactions, among other responsibilities….

elder financial abuse

What Is Elder Financial Abuse?

Financial elder abuse occurs when individuals exploit older adults for their financial resources. This can involve family members, caregivers, business associates, or even strangers taking advantage of the trust placed in them. Tactics used in financial elder abuse include the unauthorized use of a senior’s assets, obtaining power of attorney through deceitful means, or committing…