All of us at Julian Gray Associates would like to wish you a wonderful holiday season and a happy and healthy 2015!
POSTHUMUS PROBATE AVOIDANCE
Those of you who seek to avoid probate and have read my prior articles have hopefully absorbed my advice to sell demutualized insurance company stock and get rid of safe deposit boxes (the all-time top two unanticipated causes of probate).
When one spouse is in a nursing home and applying for Medicaid, planning has to take into account the possibility that the spouse who is not in the nursing home (called the "community spouse") may pass away first.
Reunions, graduations, birthdays, and holidays: Whatever the occasion, nursing home residents don't want to miss out on family gatherings, but may be afraid that they will lose Medicare or Medicaid coverage if they leave the nursing home.
One or both parents requiring care can create serious stresses and conflicts within families. Elder mediation is available to resolve family disputes that otherwise may go unaddressed or lead to costly and traumatic litigation.