Before 2016, it was nearly impossible for a Grandparent to obtain custody of a grandchild. This was because the burden to obtain custody was high and required the grandparent to establish that the biological parent was unfit or that exceptional circumstances existed. Fortunately, after the case of Conover v. Conover, Maryland adopted the de facto parent status. In this week’s #FamilyFriday articleRead More
Medicaid and Asset Preservation
#TuesdayTips: Long-Term Care Insurance Policies
By Jessica L. Estes
Generally, most people do not have sufficient income or assets to fund their long-term care for extended periods of time. And, most people are not what the government deems “needs-based,” so they would not qualify immediately for any needs-based benefits. Rather, most individuals are somewhere in the middle.Read More
#TuesdayTips: Utilizing Asset Protection Trusts
By: Jessica L. Estes, Esq.
If you read last week’s #TuesdayTips article, you learned how to protect your stuff in three easy steps: 1) know the rules; 2) know your predators; and 3) know your options. Easy, right? But, knowing is only half of the equation. Now, it is time to: Assess your needs; Create what is missing; and Tie in your plan. In other words, you must ACT!Read More
#TuesdayTips: Asset Preservation in 3 Easy Steps
By Jessica L. Estes
Asset preservation is simple; all it takes are three easy steps. First, know the rules. Second, know your predators. Third, know your options.
There are two sets of rules: rules that apply during your lifetime and rules that apply after your death. During your lifetime, your named financial and health care powers of attorney will be able to act for you with respect to your finances and medical/end- of-life decisions, respectively. These are your rules. If you do not have these powers of attorney, you should get them; otherwise, your loved ones will have to apply for legal guardianship of you. Read More
#TuesdayTips – New Guardianship Rules
As of January 1, 2018, rules related to Court-Appointed Guardians, Guardianship’s, and Attorneys changed. In this week’s #TuesdayTips article, the attorneys of ERA Law Group remind our readers the purpose of a Guardianship and what rules have changed.
Many people find themselves in a precarious situation when their spouse, parent, sibling, friend, etc. are no longer able to feed themselves regularly, pay their bills, see the doctor, and just generally not take care of their person or finances. When a person is no longer able to appropriately care for themselves Read More
#TuesdayTips: Medicaid… Trick, or Treat?
By: Jessica L. Estes, Esq.
Medicaid* can be a scary topic. Not only are there are a lot of myths about Medicaid, but if you are considering applying for it, a crisis has occurred. Add to your emotional distress Medicaid’s requirement that you provide five years’ worth of bank statements, tax returns, and proof of expenditures, and likely, you are pulling your hair out. Do not despair!Read More