Reasons Most Parents Have Not Planned for the Care of their Kids The statistics are staggering: most parents do not have wills or other documents naming guardian(s) of their children if something happens to them. Depending on the source, the percentage is between 50-75%. Why? One reason is likely lack of knowledge – some parents might understand that a will is the traditional place to name guardians for children Read More
What Do You Know About Long Term Care and Medicaid Planning?
When was the last time you actually looked at your estate plan? Have you ever seen your parents' estate plan? Many people don't like to even think about their parents aging and the eventual need for long-term care, much less their own. Changes in Medicaid eligibility requirements have taken place in the last four years or so that make this "ostrich approach" to one of life's unpleasant facts a very expensive Read More
