State plans for medical assistance under federal Medicaid law must comply with certain requirements located in Title 42 U.S.C. § 1396a.4, but do not always do so. In 2018, the United States District Court for the District of Alaska in the case of Disability Law Center of Alaska v. Davidson…
Articles Posted in Estate Planning
A Quick Guide to New York MOLST Forms
One of the common responses that many people have as they learn about estate planning is that there are a number of estate planning documents. In addition to things like wills, living wills, advance directives and powers of attorney, there also also a number of other important documents. In…
Advice from Sveen v. Melin on the Importance of Beneficiary Designations
In 1997, Ashley Sveen purchased a life insurance policy. Later that year, Ashley married Kaye Melin and named Melin as primary beneficiary on his life insurance policy. Sveen also named his two adult children as contingent beneficiaries. Several years later, Minnesota amended its revocation on divorce. Sveen and Melin…
Lessons from Groucho Marx: Reducing the Risk of Elder Abuse
By the time that the legendary screen actor and comedian Groucho Marx became a senior citizen, he had a difficult time making a number of decisions regarding his daily life. During this time, Marx’s companion, Erin Fleming, was accused of elder abuse and experienced a deterioration in his relationship…
Estate Planning Challenges Faced by Unmarried Couples
Statistics show there are an increasing number of older individuals who are divorcing later on in life. There is also an increasing number of individuals who are discovering that living together as an unmarried couple has its advantages. According to the United States Census Bureau, the number of unmarried…
Estate Planning and Cryptocurrency
The introduction of cryptocurrency has created a number of new issues, which includes how these digital assets should be addressed in a person’s estate plan. Because the Internal Revenue Service has classified cryptocurrency as property capable of being taxes, it is possible to dictate how ownership of cryptocurrency should be…
4 Pieces of Advice on Selecting an Executor
After the devastation of accepting the loss of a loved one subsides, it can be challenging to determine how to best process. Unless you have navigated this process before, performing the various tasks asked of an executor can seem overwhelming. As a result, this article reviews some pieces of…
Estate Planning and Alzheimer’s
Following a diagnosis of Alzheimer’s, you and your loved one will end up facing a number of serious challenges. For one, there are a number of difficult emotions including fear and uncertainty about what the future holds. Second, there are a number of complex issues involving estate planning. …
4 Retirement Mistakes You Should Avoid
The retirement process is full of challenges. One of the best ways to make sure that you navigate this process successfully is to anticipate the various obstacles that lie ahead of you. The implementation of strategies to avoid or limit the severity of obstacles that do arise should be included…
Estate Planning after the Death of a Spouse
There are few things as painful in life as the death of a spouse. In addition to weathering the devastating emotions like loneliness and sadness that accompany this process, it is still important to plan for your future as a widow or widower. Unfortunately in some situations, the surviving…