Title 19 – The Nursing Home Scare

June 04, 2018 by Terry Campbell

In 1960 a woman living in the United States had a life expectancy of 73 years.  In 2017, that life expectancy was 81 years.  However, we all know many individuals who are living well into their 90s.

Procrastination Planning and Title 19

May 29, 2018 by Terry Campbell


Title 19 and IRAs

May 21, 2018 by Terry Campbell

What happens if your spouse enters a nursing home?  What assets are protected for you?  Will you still be able to afford to live independently?

Medicaid Protective Trust

January 16, 2018 by Terry Campbell

It is not unusual for nursing home costs to exceed $12,000 per month.  For many individuals, a long term nursing home stay will be financially devastating.  The illness of one spouse will substantially deplete the assets available for the healthy spouse.

Tax Cuts and Jobs Act

January 03, 2018 by Stephen Lasky

The reconciled tax reform bill, commonly called the “Tax Cuts and Jobs Act” (“TCJA”), was signed into law on December 22, 2017.  The new law also includes significant changes for individual taxpayers, most of which take effect for 2018 and expire after 2025 (absent additional legislation).

The Most Important Estate Planning Document

November 01, 2017 by John Zabkowicz

As Attorney Ruthmansdorfer highlighted in her last blog, the Last Will and Testament is an essential estate planning tool and must be used in coordination with other documents, including beneficiary designations, to properly and effectively transfer assets at someone’s death.  It truly is an impo

Intent: What Exactly Does That Mean in Estate Planning?

October 10, 2017 by Elizabeth Ruthmansdorfer

Often, I get initial calls from individuals who want a “will.”  They don’t think they need estate planning, they only want a will.  This begins a journey with the individual of what exactly estate planning is, that they need more than the will (powers of attorney for sure), and that their will an

Creating a Medicaid Plan

September 06, 2017 by Terry Campbell

For anyone in the middle class, a long term illness can wipe out all assets in a heartbeat.  Hard earned money and a life time savings can be wiped out quickly when faced with monthly bills that can easily exceed $10,000 per month.

Income Tax Deduction for Medical Expenses

August 22, 2017 by Stephen Lasky

If you are under the age of 65, you can claim deductions for medical expenses not covered by your health insurance only if these expenses exceed 10% of your adjusted gross income.  A temporary exemption was in place through December 31, 2016 for individuals age 65 and older and their spouses that

Promissory Notes Are Back!

August 01, 2017 by John Zabkowicz

Attorney Terry Campbell signified the importance of Medicaid annuities in our blog a few weeks back.  In order to preserve assets, a couple or a single person could purchase a Medicaid annuity and essentially become qualified for Medicaid benefits.  This specific and complicated Medicaid annuity