Elder Law

Senate Action Urged on Estate Taxes – Trying To End The Uncertainty

June 18, 2010

Federal Estate Tax Reform and Certainty Is Needed by: David M. Frees III, Esquire Congress failed, at the end of the year to enact any estate tax reform. As a result, the tax was eliminated for a one year period. This might seem like a blessing, but currently, many people’s documents no longer function as …

How Much Does Long Term Care Insurance Cost?

June 14, 2010

By Douglas L. Kaune

So many clients are interested in purchasing long term care insurance (LTCI), but are scared to pursue the coverage because of the perceived prohibitive cost. There are so many different types of policies and levels of coverage that there may be a policy to fit your budget. That being said, you should become an educated …

Elder Law: Medicaid Asset Protection Trust Series

May 5, 2010

By Douglas L. Kaune

Elder Law: Medicaid Asset Protection Trust Series. Many of our clients want to guard against losing large portions of or even their entire estate to the costs of long term nursing care. They recognize that the ever rising cost of nursing care coupled with increased life expectancies could result in significant expenditure of estate assets. Clients …

Medicaid Answers at the PA Medicaid Policy Center

April 8, 2010

By Douglas L. Kaune

We have many clients searching for information about Medicaid, Medical Assistance and payment for Nursing Home Care. The rising cost of Long Term Nursing Care and longer life expectancies have spurred the desire to protect assets and learn more about the PA Medicaid System. I found the following site for the Pennsylvania Medicaid Policy …

Douglas Kaune, Esquire Attends 11th Annual PA Elder Law and Estate Planning Symposium

February 26, 2010

By Douglas L. Kaune

Douglas Kaune, Esquire Attends 11th Annual Pennsylvania (PA) Elder Law and Estate Planning Symposium. It is great to get an update regarding the law changes, new cases and politics that shape Elder Law, Estate Planning, Trust Planning and Probate. Here is a link to this Pennsylvania Bar Institute (PBI) course and the interesting topics covered. I will …

Medicaid Exception: A Trust Used By Parents With A Disabled Child

February 12, 2010

By Douglas L. Kaune

There is an important exception to the typical Medicaid transfer rules (Deficit Reduction Act (“DRA”), 42 U.S.C. 1396p) which allows parents to transfer assets to trust for a disabled child and still qualify for Medicaid immediately. Read here to learn more about this exception and the Medicaid rules generally. This is an often …

Annuities and Medicaid Planning – Federal Court Ruling In Wetherbee v. Richman

January 11, 2010

By Douglas L. Kaune

Annuities have long had a role in Medicaid and nursing home asset protection planning in PA and in other states. There are planning opportunities that allow a husband and wife to shelter a portion of the family assets so that the community spouse (non-nursing home spouse) can remain at home and have greater financial freedom. …

Can Too Many Accounts Cost You Money and Ruin Your Estate Plan?

December 3, 2009

By Dave Frees

There are many cases where less is more. This is the first in aseries of articles on how and why to simplify your estate and your estate plan.

FAQs: My Child Is A POD Beneficiary of My Acconts and is In Financial Trouble. Are My Accounts At Risk?

November 30, 2009

By Dave Frees

If I named my child as a POD (pay on death) or FBO (for benefit of) beneficiary of a bank or stock account and that child is now in financial trouble, can I lose the accounts? The short answer is “No.” POD designations on an account do not make that account the property of …

Estate Planning For The End of The Year

November 25, 2009

By Dave Frees

By: David M. Frees III, Esquire Will, Trust and Estate Planning for the End of The Year. Want to make sure that you avoid the most common estate planning mistakes at the end of the year and that you are reviewing and doing what you need to complete to make sure that your new year …

We Listen.

Senate Action Urged on Estate Taxes – Trying To End The Uncertainty

How Much Does Long Term Care Insurance Cost?

Elder Law: Medicaid Asset Protection Trust Series

Medicaid Answers at the PA Medicaid Policy Center

Douglas Kaune, Esquire Attends 11th Annual PA Elder Law and Estate Planning Symposium

Medicaid Exception: A Trust Used By Parents With A Disabled Child

Annuities and Medicaid Planning – Federal Court Ruling In Wetherbee v. Richman

Can Too Many Accounts Cost You Money and Ruin Your Estate Plan?

FAQs: My Child Is A POD Beneficiary of My Acconts and is In Financial Trouble. Are My Accounts At Risk?

Estate Planning For The End of The Year

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