Our office is now open. We are giving options to meet in person or virtually (phone calls, audio/video meetings, etc.) as we continue to follow CDC guidelines. To sign up for our next free virtual “Estate Planning Essentials” call (214) 720-0102 to register or sign 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. Our goal is to make it easy for you to attend from the comfort of wherever you reside.

As a result of COVID, we have added a link to our website www.dallaselderlawyer.com that provides the percentage of residents and staff at nursing facilities that have been vaccinated (besides rating of quality of care, whether they accept Medicare, Medicaid, etc.).

There are a variety of public benefits programs ranging from taking care of drug costs to long-term care costs to assistance for food and shelter. Although some public benefits programs such as Social Security Disability and Medicare are not “means-tested”, eligibility for most public benefits is determined by the amount and type of assets of an applicant.

Instead of your beneficiary inheriting outright, below are eight situations whereby you may want a trust for various protection.

The government wants you to save for retirement by giving the benefit of tax-deferred growth, but they don’t want to make your children rich as the government wants its tax dollars quicker than in the past. As a result, the following are a few things to consider in making your beneficiary designations.