long term care plan - Michael Cohen Dallas Elder Lawyer

21 Jul ONE BIG BEAUTIFUL BILL IMPACT ON NURSING HOMES

Posted at 13:23h in Elder Justice, Elder Law, Estate Planning, Medicaid, Medicaid Planning, Nursing Home

Although the One Big Beautiful Bill signed by President Trump on July 4, 2025, may not directly impact nursing homes, such skilled nursing facilities are likely to feel the pinch. Medicaid is a joint program between the federal and state governments. Most nursing homes in...

14 Jul IS JIMMY BUFFETT’S ESTATE “WASTING AWAY IN MARGARITAVILLE” DUE TO CO-TRUSTEES SUING EACH OTHER

Posted at 13:12h in Estate Planning, Probate, Trusts

Jimmy Buffett’s widow and co-trustee of his trust, Jane Slagsvol, and his longtime financial advisor, accountant, and co-trustee of his trust, Richard Mozenter, have filed suits to remove each other as a trustee. The trust estate is worth an estimated $275 million dollars (which includes...

28 Apr IS A HOUSEBOAT A HOME? lAWS ADRIFT – WILL PROTECTION SINK?

Posted at 18:22h in Asset Protection, Bankruptcy, Medicaid Planning, Property Taxes, Taxes, Wills

Laws vary on whether a houseboat is a home, if it is protected from creditors or if there can even be any tax benefits. Medicaid, bankruptcy and the Internal Revenue Code all address treatment of houseboats. MEDICAID TREATMENT OF HOUSEBOATS AS HOME: Under long-term care Medicaid...

22 Apr HOW TO STOP UNSAFE SENIORS FROM DRIVING

Posted at 18:04h in Dementia, Guardianship, Katie’s Law, Michael Cohen Dallas Elder Lawyer, Seniors safety

It is often difficult to determine when it is unsafe for someone to drive. This is particularly troublesome for many seniors who fear loss of independence when their driving privileges are lost. This may result in loneliness in addition to no longer being able to...