by Alyson R. Marcucio - It is only natural for an individual to give a gift to their children or grandchildren. Whether it is to help pay for a loved one’s tuition, paying the down payment for the purchase of a family member’s new home, or maybe transferring that...
Elder Law
How Much Can My Spouse Keep if I Need Aid to Pay for Long Term Care?
by Richard S. Land - The Community Spouse Protected Amount (CSPA) It’s bad. What your spouse will be allowed to keep may be much less than expected. On the other hand, it could be a lot worse. If you learn about the rules ahead of time and do some planning, you can...
Elder Financial Abuse
by Alyson Marcucio - Elder financial abuse in the United States is much more prevalent than we might believe. Unfortunately, it is often unreported or underreported, often due to fear of retaliation. Seniors lose approximately $2.5 billion annually to financial abuse....
Estate Planning in Uncertain Times: CME’s 25th Annual Estate Planning Seminar
COVID, Elections, Lockdowns, Masks, Focused Protection, Statistics, Essential Workers, Nonessential Workers, Unemployment, the CARES Act, Relief Package, Riots, Protests, Cases, Tests, Infections, PCR Cycle, IFR, from COVID, with COVID, Vaccines, Herd Immunity,...
To Transfer or Not To Transfer
by Alyson Marcucio - (Isn't that really the question?) The rising cost of long-term care is a reality that many families are faced with daily. Whether in the home or in a skilled nursing facility, families struggle to find ways to pay for their loved one’s care. Many...
Elder financial abuse: Don’t let money disappear
Your mother saved money her whole life. The goal was to give you a better future once she passed away so that you could support yourself and your children. You’ve always learned that saving was a good way to protect yourself against the ups and downs in life, but...
Estate Planning, Probate And COVID-19 in Connecticut (Part Two)
by James J. Flaherty, Jr. -- As I noted in my previous post, Connecticut’s Governor, Ned Lamont, has issued a number of Executive Orders which affect the provision of legal services in Connecticut. My prior post involved the operation of the probate court system. That...
If you’re diagnosed with dementia, you need to plan quickly
You have recently realized that you’ve been having more trouble with your memory. You have called your children by the wrong names and sometimes forgotten that you had to feed your pet or even that you have one at all. This is a terrifying thing to notice in yourself,...
Spotting the signs of elder financial abuse
One out of every 20 American seniors is a victim of financial abuse. Still, experts fear the impact is much more severe as many seniors don’t report being victimized, fearing that they will lose their independence. A 2015 study on elder financial abuse says only one...
5 common elder law issues faced by caregivers
Unfortunately, most people become more vulnerable as they grow older and seniors are the most-likely group targeted by scammers and others who seek to benefit by taking advantage of age-related conditions. Many families are slow to address these vulnerabilities, and...