If Momma is like 70% of the rest of America, she has never done any proper estate planning at all. If she has anything at all, it's probably just a Will. In all likelihood, she and your Dad prepared basic paperwork back when he was in the Military. (You were probably 5 years old at the time.) At best, she may have a very old Power of Attorney. This is plan is long since … [Read more...] about Bridge of Life (Part 5) – The Power of a Coordinated Plan
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Bridge of Life Planning (Part 4) – Paying for Nursing Home Care with Government Benefits
Today, we are going to discuss a few ways to help a parent or declining spouse pay for long-term care expense in a nursing home by utilizing government benefits. In our last blog post, we mentioned that it was critical that Momma sit down and write out her preferences; what does she want to happen in the event that she is incapacitated before she dies? Specifically, if her … [Read more...] about Bridge of Life Planning (Part 4) – Paying for Nursing Home Care with Government Benefits
Estate Planning for Momma – A Simple Way to Avoid a Cruising for a Bruising
As you can see, this article is entitled, “Estate Planning for Momma - a Simple Way to Avoid a Cruising for a Bruising!” Some will laugh, but failure to plan can result in ‘a bruising’ from many unintended consequences. Oftentimes, no one sees these consequences coming. The purpose of this article is to educate & motivate the Senior and their family to do any necessary … [Read more...] about Estate Planning for Momma – A Simple Way to Avoid a Cruising for a Bruising