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Medicaid planning is part of elder law, but often is something that is only thought of during a crisis. Life Care Planning is more holistic. It focus on the elder’s quality of life. It starts before you have a crisis. Life Care Planning assists elders in receiving the...
The terms elder law and long-term care planning are used by some to have different meanings. At Dafoe Law, we educate our clients on the law and provide strategies that the clients understand to plan for the future. Medicaid Planning Long-term care planning has two...
A Life Care Plan is a different approach to Long-Term Care Planning Dafoe Law, PLLC The Life Care Plan places special emphasis on issues surrounding the elderly, those with long-term illnesses, and incapacity. The Life Care Plan connects your concerns about long-term...
Trust: Probate Avoidance 101 As Ambrose Bierce once darkly observed, “Death is not the end. There remains the litigation over the estate.” Obviously, ideally, when someone passes away, the paperwork and material concerns associated with the estate are so flawlessly...
When you pass away, your family may need to visit a probate court in order to claim their inheritance. This can happen if you own property (like a house, car, bank account, investment account, or other asset) in only your name. Although having a will is a good basic...
In estate planning circles, the word “probate” often comes with a starkly negative connotation. Indeed, for many people — especially those with larger estates — financial planners recommend trying to keep property out of probate whenever possible. That being said, the...
Estate Planning for Blended Families is crucial to prevent problems. Family 40% of all married couples are a step couple, where at least one partner has a child from a pervious relationship. Estate planning can be complicated enough, but mixed families or blended...
The Trustee has a challenging job that is often made more daunting by family relationship or the complexity of the trust. When establishing a trust, you need to give serious thought to choosing your successor trustee—the person who will administer your trust once...
A financial plan and estate plan should work together! Why Experts Say You Need an Estate Plan, Too If you want to leave a robust financial legacy for your family, a financial plan alone is like trying to guide a boat with just one oar. It’s only part of the big...
Estate Planning: 3 Reasons We Run the Other Way We understand that it feels hard to get around to estate planning; it sounds about as fun as getting a root canal. However, we also understand that we all want to make sure that our loved ones are protected and receive...