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Elder Law

social security and money
Elder Law

Does a Nursing Home Take Your Pension and SSI Benefits ?

If you cannot pay the approximate $6,000 per month for nursing home care, then you must qualify for Medicaid to pay for your care.  Besides having to spend down your assets to $2,000, when you qualify for Medicaid, the Louisiana Department of Hospitals requires you to pay over all your income less your health insurance…

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Nursing home equipment
Elder Law

What Happens to Your Home if You Go into a Nursing Home?

The answer to the question is complicated.  Does the person going in the nursing home have an intent to return the home in the event they could leave the nursing home? If the person has an intent to return to the home, then it is considered to be a non-resource. Therefore, the person can keep…

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Elder Law

How Can a Louisiana Elder Law Attorney Help You?

As you age or have a loved one that is getting older, it is important to be aware of the challenges seniors may face regarding housing, financial well-being, long-term care, and health care. Yet, while these issues may seem overwhelming, especially if you handle them yourself, they don’t have to be. When an experienced Louisiana…

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Elder Law | Estate Planning

The Major Differences Between Estate Planning and Elder Law

While both estate planning and elder law help ensure a person’s affairs are taken care of, there are actually major distinctions between the two. In the below guide, we will go over these differences and show you how each one can impact your future.  What Is Elder Law and Estate Planning Both elder law and…

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wealth
Elder Law

How To Maintain Wealth Like The Richest Person In The World

The industrialist and philanthropist, John D. Rockefeller, rose from his humble beginnings as an assistant bookkeeper for a Cleveland commission merchant, to become one of the wealthiest men in the United States. He is considered to be one of the richest people in history. Rockefeller founded Standard Oil Company, which now know today as Exxon…

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succession required louisiana
Elder Law

When is Succession Required in Louisiana?

Louisiana’s laws differ from most states, as it’s based on French common law.  This is one reason why legal terms are so different in Louisiana. For example, in most states, when a person passes away, their estate enters into a court-supervised process called probate.  Probate is the legal process of distributing the deceased person’s assets…

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irs taxes conversation
Elder Law

5 Secrets IRS Agents Won’t Tell You If You Owe Taxes

The IRS is the most powerful collection agency in the world, gaining more and more power by the minute. The Inflation Reduction Act is funding $45 billion solely allocated to the hiring of 87,000 new enforcement agents. Those enforcement agents are usually just working to collect money, not necessarily working with your best interest at…

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advanced directive louisiana
Elder Law

What Are the 3 Types of Advanced Directives in Louisiana?

Most adults are able to make their own healthcare decisions, based on their goals, values, and beliefs. However, there may come a time when you can’t make medical decisions for yourself – potentially causing stress among your family members about what health decisions you would prefer.  For example, say you have a stroke, rendering you…

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Elderly woman looking at a younger woman with suspicion
Elder Law

What Is Considered Financial Abuse of an Elder?

When you think of elder abuse, your first thought may be neglect, such as failing to provide an older adult with life’s necessities, such as food or medical care. However, according to the National Council on Aging, financial abuse and fraud rob seniors of $2.6 billion to $36.5 billion annually. It’s difficult to pinpoint the…

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succession planning louisiana
Elder Law

3 Things to Know About Succession Proceedings in Louisiana

Losing a loved one is often an emotional rollercoaster.  However, numerous legal matters must be handled beyond the grief, making the loss of a loved one even more challenging. In most states, when a person passes away, their estate enters into a court-supervised process called probate.  Probate is the legal process of distributing the deceased…

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Losavio & DeJean

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.

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