Minnesota elder care lawyers work with families to prepare for any number of situations in the estate planning process. One circumstance which is especially relevant to elder care law is dementia. After all, Alzheimer’s and other forms of dementia are almost exclusively conditions which appear … [Read more...] about Important Estate Planning Strategies for Dementia Patients
Elder Law
Minnesota Elder Lawyer Perspective: Legal Concerns for Caregivers
Elder lawyers in Minnesota work not just with our older clients, but also with their caregivers. In many cases, this means adult children who have or will be given power of attorney, not to mention those who just step up to help when something is needed. There are some legal issues that … [Read more...] about Minnesota Elder Lawyer Perspective: Legal Concerns for Caregivers
Talk to your Family about Estate Planning Wishes
While the topic of death is not one that people want to think about, the truth is that it’s important to plan for what will happen once you die. For many families, the holiday season is the only time they come together all year. This can be a good time to talk to your family about estate planning … [Read more...] about Talk to your Family about Estate Planning Wishes
Joint Bank Accounts and Medicaid Eligibility
Like most governmental benefit programs, there are many myths surrounding Medicaid and eligibility for benefits. One of the most common myths is the belief that only 50% of the funds in a jointly-owned bank account will be considered an asset for the purposes of calculating Medicaid … [Read more...] about Joint Bank Accounts and Medicaid Eligibility
Medicare vs. Medicaid: Similarities and Differences
With such similar sounding names, many people mistake Medicare and Medicaid programs for one another, or presume the programs are as similar as their names. While both are government-run programs, there are many important differences. Medicare provides senior citizens, the disabled and the blind … [Read more...] about Medicare vs. Medicaid: Similarities and Differences
Guardianships & Conservatorships and How to Avoid Them
If a person becomes mentally or physically handicapped and can no longer make rational decisions about their person or their finances, his or her loved ones may consider a guardianship or a conservatorship court proceeding. In a guardianship an individual known as a guardian is court appointed to … [Read more...] about Guardianships & Conservatorships and How to Avoid Them
Should I Transfer My Home to My Children?
Most people believe that probate should be avoided if at all possible. It can be an expensive, time-consuming process that exposes your family’s private matters to public scrutiny via the judicial system. It sounds simple enough to just gift your property to your children while you are still alive, … [Read more...] about Should I Transfer My Home to My Children?
What is Elder Law?
As the population grows older, many elders must face the difficult challenges of aging, such as declining health, long-term care planning, asset protection and other financial concerns. The practice of elder law is designed to assist seniors with meeting these challenges and give them peace of mind … [Read more...] about What is Elder Law?
Overview of Life Estates
Establishing a Life Estate is a relatively simple process in which you transfer your property to your children, while retaining your right to use and live in the property. Life Estates are used to avoid probate, maximize tax benefits and protect the real property from potential long-term care … [Read more...] about Overview of Life Estates
