There are many veterans benefits provided to those who gave years of service to the U.S. Military. These include medical care and pension benefits connected to a service-related disability, and also “improved pension” for Veterans, their survivors, and widows. [Read more…]
Dependency and Indemnity compensation (DIC) is a tax-free benefit available to survivors of Veterans who died in the line of duty or died as a result of a service-related injury or disease.
As a surviving spouse, do I qualify? [Read more…]
I had originally written that the golden rule of estate planning was that you cannot take it with you. If that is true, then do you see a problem? [Read more…]
Disability compensation is a monthly benefit available to Veterans who are at least 10% disabled due to injuries or diseases that were incurred in or aggravated during active duty, active duty training, or inactive duty training. [Read more…]
Unfortunately, seniors are often easy targets for scammers who know how to take advantage of their tendency to have trust in people. This problem came up in Minnesota where a company called Heritage Partners, LLC has allegedly defrauded hundreds of elderly individuals by providing sham estate planning services. [Read more…]
If you are now responsible for your own or a loved one’s long term care, you might be feeling overwhelmed. What is home care compared to home health? Assisted Living Facility but with a “memory care unit?” Our firm can help. We emphasize long-term care planning, estate planning, veterans benefits planning, probate and more. We strive to help seniors plan for long term care and protect their assets against the high cost of long-term care and remain independent for as long as possible.
If you have spent any time looking into long-term care costs, you are probably shocked. [Read more…]
The biggest threat to your estate is not tax or probate. It is high long term care costs. According to the MetLife Survey on Long Term Care Costs published for 2012, the average cost of a private room in a nursing home in Washington State is $102,200 per year. The average costs statewide for an assisted living facility is $3,100 per month. In the Puget Sound, costs for skilled nursing can be as high as $130,000 – $140,000 per year. Many Assisted Living Facilities charge up to $6,000 per month.
Select the category that fits your situation the best: Pro-Active or Crisis Planning [Read more…]
Medicare won’t help.
Medicare is a national health insurance program for qualifying Americans over age 65. It has four parts, Parts A-D, and these parts do not cover long term care. The program that helps Americans pay for long term care is called Medicaid. [Read more…]
Preserve your assets and learn options for financing long-term care. Don’t miss out on the next FREE workshop on financing care and protecting your estate and family.
As heard on KOMO 1000 AM, Living Care Radio KVI 570 AM and Chat with Women KIXI 880 AM. [Read more…]
When choosing an Assisted Living Facility (ALF), my clients often make decisions based solely upon amenities, location or the pet policy. Too rarely, attention is paid to the lease agreement. In most cases, residents sign a contract to rent an apartment with additional features such as prepared meals, activities and transportation. Care services are added to the base rent.
Unfortunately, [Read more…]