I. LONG TERM CARE DEFINED Long term care can be defined as that care which is expected to last for no less than thirty days. Long term care normally involves services of a custodial nature, the assistance necessary for a person to perform activities of daily living (ADL). Because of the custodial nature of the
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When Do I Need An Estate Plan?
By Nicole R. Plottel, Attorney at Law HARRIS & PLOTTEL, LLP Many people think an estate plan is only for the wealthy. Not so. In order to know when you need an estate plan, you must first understand its purpose. People often think an estate plan is solely intended to distribute assets at death, perhaps
Continue readingUse Of Durable Powers Of Attorney In A Long Term Care Planning
Many people often confuse Estate Planning and Long Term Care Planning. Although Long Term Care Planning may involve the same planning documents (Will, Trust, Durable Powers, etc.) as found in an Estate Plan, the powers and authorities provided and/or retained in those documents can be quite different. For example, a Trust may be very effective
Continue readingThings To Consider When Estate Planning
What exactly is an Estate Plan? Isn’t it only for the wealthy? An Estate Plan is designed not only to pass assets at your death, but also to provide management of your personal and financial affairs while you are living. Wealth is only one factor when considering whether to do an estate plan. A properly
Continue readingVA Look Back & Penalty Period Proposed to Congress
VA Look Back & Penalty Period Proposed to Congress by Nicole R. Plottel On Wednesday, June 6, 2012, the Government Accountability Office (GAO) released its investigative report and recommendation to Congress that the Department of Veterans Affairs (VA) implement a “look back” and “penalty period” for the VA’s improved pension program. The VA pension program,
Continue readingPowers of Attorney in Long Term Care Planning
USE OF DURABLE POWERS OF ATTORNEY IN A LONG TERM CARE PLAN by NEIL A. HARRIS, Certified Elder Law Attorney Estate & Long Term Care Planning Center Many people often confuse Estate Planning and Long Term Care Planning. Although Long Term Care Planning may involve the same planning documents (Will, Trust, Durable Powers, etc.) as
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