Sign Up for Our Newsletter
SIGN UP
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…
You likely have seen commercials featuring Tom Selleck and Henry Winkler advocating for reverse mortgages as a valuable income source for retirees or individuals with limited funds. However, while these loans can offer significant benefits, they may not be suitable for everyone. The guide below will take a closer look at the advantages and disadvantages…
The trustee of a Medicaid Asset Protection Trust (MAPT) is responsible for managing and overseeing the trust to safeguard the assets for the beneficiaries while following the wishes and intentions of the grantor. This includes making sound financial decisions, distributing assets as stipulated by the trust, and ensuring compliance with all legal and administrative requirements….
A pooled trust is a legal arrangement that combines the financial resources of multiple individuals with disabilities into separate accounts. These trusts are similar to a bank in that they manage individual account holders’ assets. This pooling of resources allows individuals with disabilities and older adults to protect their eligibility for government benefits, such as…
Elder law attorneys specialize in addressing the legal needs of seniors by providing comprehensive assistance in various aspects of their lives. For instance, by working with an elder law attorney, individuals can develop comprehensive strategies to protect their assets, qualify for Medicaid long-term care benefits, and ensure financial stability for themselves and their loved ones…
Aid and Attendance is a valuable VA pension benefit designed to assist Veterans and their spouses who require the aid of another person in performing everyday activities, such as bathing, feeding, dressing, or adjusting prosthetic devices. However, this benefit is often underused due to a lack of awareness. To be eligible for Aid and Attendance…
It is not uncommon for individuals to transfer their assets to their adult children while they are still alive. They do so because they believe it will simplify things for their loved ones if something should happen to them. However, while there may be legitimate reasons for transferring assets into your child’s name, it can…
Even though many parents assume that their grown, “responsible” child will not require protection if they receive an inheritance, there are situations where protections may be necessary. This is particularly relevant when children face specific risks like lawsuits, creditors, and reckless spending. Thankfully, there are various estate planning tools available to safeguard your assets against…
Planning for retirement is an increasing concern for many individuals who worry that they will need to be incredibly wealthy to stop working and still have enough funds to take care of their needs. Unfortunately, the amount of savings people have has decreased in recent years, causing significant financial stress during retirement, especially when it…
Although estate planning addresses the distribution of assets and property after one’s death, elder law focuses on the legal needs of the elderly. As a result, many people seek the assistance of a Louisiana elder law attorney to navigate the complexities of aging and to plan for the future of a loved one with a…
Information on this website is for general information purposes only. Nothing on this site should be taken as legal advice. This information is not intended to create, and receipt or viewing does not constitute an attorney-client relationship. By submitting your information in any form on this website, you consent to be contacted via phone call, text message, or email. Please be aware that, while we use commercially reasonable means to protect information that is submitted, such information can never be 100% secure.
Monday — Thursday
8:00 AM – 5:00 PM
Friday
8:00 AM – 4:00 PM