12201 Merit Drive Suite 230 Dallas, TX 75251 | (214) 720-0102 Fax: (214) 754-0936 | www.dallaselderlawyer.com

Welcome to the February issue of the

Texas Elder Law E-letter


Our next free "Estate Planning Essentials" workshop will be held on Thursday, March 8, 2018 at 2 PM at 12201 Merit Drive, Suite 205, Dallas, Texas.  Most of our free workshops have waiting lists, so if you are interested in attending, please call 214-720-0102 or sign up online at dallaselderlawyer.com.  There will also be a workshop on Saturday, March 24, 2018 at 10 AM.

Earlier this month, Michael B. Cohen was a panelist and speaker on a case study regarding charitable planning for the Dallas chapter of Financial Service Professionals (FSP).

Also, Michael B. Cohen's January article blog entitled "If I don't get a death certificate, it may kill me" was given an award by the State Bar of Texas as one of its top ten blogs.  This is the 5th time he has won such an award. 

Michael B. Cohen can be heard on his KAAM (770 AM) radio show every Monday at 2 PM, Tuesday at 1 PM and Saturday at 2:30 PM.  Similar to newsletters being archived on our website, dallaselderlawyer.com, podcasts of the previous shows are also on our website.

 

SUCCESS STORY OF THE MONTH: TAP THE BRAKES ON PROBATE AND PUT IT IN REVERSE (MORTGAGE)

Mom dies at age 99 with three (3) surviving children. Mom has $50,000 in a bank account, $20,000 of debt and a home (which has homestead exemption) worth $150,000 that has no lien against it.

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CONGRESS CHARITABLE TO SOME OLDER TAXPAYERS – NEW TAX ACT MAY RESULT IN MORE IRA CHARITABLE ROLLOVERS

As a result of the passage of The Tax Cuts and Jobs Act in December 2017, there has been an increase in the standard deduction which should result in less taxpayers itemizing their tax deductions.

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SHOULD I LOSE MY LIFE WHEN I LOSE MY MIND?

Dr. Barak Gaster, a University of Washington internist, has developed a five-page dementia–specific advance directive whereby patients indicate what type of medical treatment they would want if they have mild, moderate or severe dementia.

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Home Health Care Patients With Chronic Conditions Are Having Trouble Getting Medicare

Medicare is supposed to provide up to 35 hours a week of home care to those who qualify, but many Medicare patients with chronic conditions are being wrongly denied such care.

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What Happens When a Nursing Home Closes?

A nursing home closure can be traumatic for residents who are forced to move. Although there may not be much that can be done to prevent a closure, residents do have some rights.

Details
Avoid Sibling Disputes Over Caregiving By Putting It in Writing

Caring for an elderly parent can be stressful for families. Siblings may disagree over how to provide care or where a parent will live, and these squabbles can end up costing the family thousands of dollars.

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Costs of Some New Long-Term Care Insurance Policies Going Down in 2018

While long-term care insurance costs are up in general, some policies are going down in price, according to the 2018 Long Term Care Insurance Price Index, an annual report from the American Association for Long-Term Care Insurance.

Full Story