Note: The allowances and income and resource limitations referenced in this blog are subject to periodic change and this info should not be relied upon without consulting with an attorney at the relevant time.       In this blog, I attempt to give some insight on a critical point of confusion in elder law which is the difference between assisted living and skilled nursing and the governmental programs available for financial assistance in each type of facility.  Despite what you may have been told, traditional long-term care Medicaid does not pay for a stay in an assisted living facility.  However, Special … Continue reading →

As I recently went through my estate planning 101 routine to a pair of prospective clients , I happened to drop in the phrase “per stirpes.”  I try to avoid legalese in my initial client conferences, but some terms are unconscious and unavoidable for estate practitioners who spend a significant time parsing through complex legal scenarios facing their clients.  One of the prospective clients abruptly interrupted me and said, “Whoa now, I thought we just came to talk about doing a Will.”  In jest, I assured him that he could not catch anything and there was no need to get … Continue reading →

A global pandemic will certainly induce one to consider his or her own mortality and, as such, initiate a revisit or beginning of their estate plan.  But paradoxically, the pandemic has also made it more difficult for us to venture out to ensure these matters are in order.  Many nursing homes across the state of North Carolina are on lock down due to the pandemic, making it more difficult to discuss any loose ends of an estate plan with a distressed loved one residing in a care facility.  Despite the increased difficulty during the pandemic, with the emergence of Zoom … Continue reading →

Note: The allowances and income and resource limitations referenced in this blog are subject to periodic change and this info should not be relied upon without consulting with an attorney at the relevant time.       In general, everyone is entitled to enroll in Medicare when they turn 65, which acts as their health insurance for general health care, hospital or doctor visits.  However, while Medicare and supplemental plans may pay for rehab for the first 20 days and a portion up to the 100th day in some cases, Medicare does not pay for long-term care in a skilled nursing or assisted living facility.  … Continue reading →

Trusts are a topic that seem to be often discussed but seldom understood among the general public.  This is not an indictment of a misinformed public, but a commentary on the wealth of information and various channels through which it flows.  Your Google search results, your local banker or even a co-worker may claim to have all the insight on how to plan your estate and “get your affairs in order.”  Clients often tell me they “need a living trust.”  When I ask why they need one, they are unsure how to answer.  I do not ask the question to … Continue reading →

Until a child reaches the age of eighteen (18), they cannot inherit property outright, or in their own name. It needs to be held for that child in one of several different ways. First, money or property can be left to a minor in a trust. Second, it can be left to a child under a court-supervised guardianship and third, it can be left to a child under the North Carolina uniform Transfer to Minors Act. Trust – A trust can be established during life or through a Will at someone’s death. If money is left to a minor child … Continue reading →

Estate Planning practices are busier than ever. Clients are very concerned whether their estate plans are up to date and in order. Often clients have been meaning to make changes and do not get around to it. Something as frightening as a pandemic makes us stop and think about the important things in life—like making sure our loved ones are cared for in the event of an unlikely circumstance. Here are some suggestions of what you might consider at this time. Review your Last Will and Testament or Revocable Living Trust – do they accurately reflect your wishes if you … Continue reading →

Living with the reality of the COVID-19 pandemic, has made many people step back and take actions that ensure they are prepared. In the short term that means fighting the lines for food and cleaning supplies but in the long term it means making sure that all recommended important legal documents are up to date. Only two weeks ago, we thought that only older people were affected but now we know that people of all ages are at risk. Persons of all ages are reminded to make sure they have a Last Will and Testament in place. Young parents are … Continue reading →

Living with the reality of the COVID-19 pandemic, it is important for each individual to decide who it is that they trust most to make medical decisions if they cannot make those decisions themselves.  Many of us may get sick and in that case, we may need someone to make important decisions for us. If you have not already done so, this is the time, while you are well and thinking clearly, to make those decisions and memorialize them in the appropriate legal documents. This advice is not only intended for older people but for anyone over the age of … Continue reading →

North Carolina recognizes hand written Wills known as Holographic Wills in certain circumstances. A holographic will is handwritten, not typed, and must be entirely in the handwriting of the person making the Will (known as the Testator or Testatrix). Holographic wills are valid without witnesses, but the testator must still sign it. In addition to having the Testator’s name, the holographic Will must also be found: among the his or her valuable papers or effects, or in a safe-deposit box or other safe place where it was deposited by the testator or under the testator’s authority; or in the possession … Continue reading →

            There are many interesting legal and financial correspondents on television and the radio. They serve a great purpose; to educate consumers on options for their consideration. However, in many circumstances, it can be dangerous to take their advice. These correspondents speak from a national platform and not necessarily one that pertains to those living in North Carolina. I find often when someone like Suze Orman gives advice, it may be great advice for someone who lives in California. As an attorney also licensed in California I nod my head in agreement for some of the advice she gives but … Continue reading →