whmstagestg, Author at Tully law group • Page 24 of 25

What You Should Do With Your Estate Planning Documents

1. Read your documents. Are all the names right? Have all of your will or trust beneficiaries been listed? Are (more…)

Income Taxation of Grantor Trusts

The income taxation of trusts is governed by Subchapter J of the Internal Revenue Code, §§ 641 through 692. For (more…)

Caregiving: The Medical Expense Deduction

Nearly one out of every four U.S. households provides care to a relative or friend aged 50 or older and (more…)

Asset Protection Planning for the Home – part 2

Transfer of Home to an Irrevocable Trust Placing your Home into the trust will be subject to the same sixty (more…)

Asset Protection Planning for the Home – part 1

Medicaid Eligibility If you require long term custodial care in a nursing facility, your Home would be considered an available (more…)

Elder Abuse

Elder abuse is any form of mistreatment that results in harm or loss to an older person. Elder abuse can (more…)

Improper Treatment in a Nursing or Assisted Living Facility

If you suspect a loved one is receiving improper treatment or care in a nursing facility or assisted living facility, (more…)

Should You Sign a Nursing Home Admission Agreement?

Read the agreement carefully because it could contain illegal or misleading provisions. If possible, try not to sign the agreement (more…)

When a Loved One Needs a Nursing Facility – part 3

Advocate’s Check-Off Sheet Resident’s Name: ________________ Advocate’s Name: _______________ Week of: _____________ Mon. Tue. Wed. Thur. Fri. Sat. Sun. Each (more…)

When a Loved One Needs a Nursing Facility – part 2

When Visiting a Nursing Facility Since some nursing facilities may have wait lists or unavailable beds, it is recommended that (more…)

What You Should Do With Your Estate Planning Documents

How To Plan For Aging 2024