Welcome to the July Issue of the
Texas Elder Law E-Letter
 
 
 

Our next free Estate Planning Essentials Workshop will again be live. Registration for our next live workshop (which will be Saturday, July 16, 2022 from 10:00 a.m. until noon) can be made by calling us at (214) 720-0102 or signing up online at www.dallaselderlawyer.com.

 

Attendees often ask questions about estate planning, probate, Medicaid and Veterans benefits. We proceed to answer the questions over the course of the workshop (although there will be a presentation also).

 

We have added a link to our website www.dallaselderlawyer.com from the Veterans Administration allowing you to ask questions about VA services and benefits.
 
 

We are pleased to announce that Michael B. Cohen has been named as Chair of the Alzheimer’s Association’s Greater Dallas and Northeast Texas Chapter. We hope you will join our Walk Team for the Walk to End Alzheimer’s by clicking here.

 

Also, Michael B. Cohen will be speaking to the Texas Society of CPAs on the topic of “Medicaid Myths and Different Types of Trusts in Public Benefits Planning,” on August 23, 2022.

 

Please note that Michael B. Cohen’s radio show on estate planning and elder law can be heard on KAAM (770 AM) on Mondays and Tuesdays at 1:00 p.m. and Saturday at 10:00 a.m. Prior shows (topics are categorized) can be heard as podcasts on SoundCloud and as indicated on our website www.dallaselderlawyer.com. Our podcasts can also be heard on Spotify and Apple Podcasts. Subscribe to be notified of future releases. 

 
 

 

Michael B Cohen's Latest Blogs
 
 
 
 

SUCCESS STORY OF THE MONTH – OVERCOMING A DEFECTIVE OR LESS THAN POWERFUL POWER OF ATTORNEY
 
What could go wrong when using a general durable power of attorney for an agent to sign a deed (in this case, a Ladybird deed) on behalf of the principal (the one who signed the power of attorney)? Are there additional powers that should be considered in the power of attorney other than language approved by the state legislature or some form document?
 
 
 

 

 

 

IT’S BETTER TO GIVE THAN RECEIVE – OR IS IT? CONSIDERATIONS BY GRANDPARENTS BEFORE GIFTING
 

It is not unusual that grandparents want to help pay for a grandchild’s wedding, college or private school education, camp, car or other items which they feel may help a grandchild. However, the following matters discussed in the podcast and blog linked below should be considered before a grandparent makes a gift to a grandchild.

 
 
 

 

 

 

ADVANTAGES AND DISADVANTAGES OF COMMUNITY VS SEPARATE PROPERTY IN ESTATE PLANNING
 

My wife and I have an equal partnership – as she says, “What is mine is mine, and what is yours we’ll negotiate”. However, notwithstanding the definition of property in your household, Texas has its own laws defining ownership of property.

 
 
 

 
 

10 LONG-TERM CARE MEDICAID MYTHS
 

Originally long-term care Medicaid was for the indigent. As we are reaching the silver tsunami, the long-term care Medicaid rules for eligibility become more important since most Americans have no long-term care insurance or have inadequate income or assets to pay for care. As a result, many seek long-term care Medicaid to help subsidize the cost of care. To learn about the examples of Medicaid myths read our blog or listen to our podcast linked below.

 
 
 
 
Michael B Cohen's
Latest Podcasts
 
 
 
 
 
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