According to Fortune Magazine, two-thirds of hospices nationwide are now operating as for-profit entities. The company that owns Roto-Rooter also runs Vitas, the largest for-profit hospice provider in Texas. The Medicaid Payment Advisory Commission found that for-profit hospices had Medicare profit margins of 19% in 2019, compared with 6% for nonprofit hospices. You can determine […]

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A nursing home cannot require a third party (such as an adult child, or friend) to guarantee payment of nursing home bills, as a condition of admission or continued stay at the facility. Despite this rule, nursing home form contracts often include boilerplate provisions requiring third party guaranties and signature by a “responsible party.” The […]

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Millions of older Americans don’t known they are eligible for financial assistance. Here’s how to get help. Read in CBS News: Click here.

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If you have a business an LLC can often be a great option. With proper planning, an LLC can protect your personal assets from business liabilities. For example, say you own a rental property in your own name and someone is seriously injured on the property. That person then files a lawsuit against you and […]

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Jennifer Coulter and Jessica Kludt are honored to be teaching lawyers at the National Academy of Elder Law Attorneys conference this year. We are proud to be part of training the elder law attorneys, who have been a driving force for change for the better for the elderly and disabled. We look forward to learning […]

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A Will prepares you for a probate, but it doesn’t avoid the need to do that probate. In order to transfer title to real property and access many financial accounts, the Will must be probated. In order for a Will to be effective, it must be probated within 4 years from the date of death. […]

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Last week, NAELA, as part of the Consortium for Citizens with Disabilities (CCD), sent a letter of support for H.R. 6698, the Stop Unfair Medicaid Recoveries Act of 2022, introduced by Rep. Schakowsky (D-IL). The legislation would effectively end estate recovery except in instances of improper payments. Last year, NAELA, along with Justice and Aging […]

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¿Qué Es Un Fideicomiso Para Necesidades Especiales Y Como Podría Ayudar a Proveer Una Mejor Vida Para Mi Ser Querido Con Una Discapacidad Cuando Yo Fallezca? Una de las herramientas más comunes utilizadas por abogados en la planificación para beneficios públicos es un fideicomiso para necesidades especiales (“FNE”). Los beneficios gubernamentales están diseñados para proveer […]

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Documentos Requeridos Mientras Incapacitado: CARTA PODER PERMANENTE Una Carta Poder Permanente es un contrato entre dos individuos donde una de ellos (el principal, u “otorgante”) le da al otro (el agente, o “apoderado”) la autorización para tomar todo tipo de decisiones (tales como financieras, de negocios ó bienes raíces) en su nombre aún cuando el […]

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Documents Required While Incapacitated: Durable Power of Attorney A Durable Power of Attorney is a contract between two individuals where one party (the principal) gives to the other (the agent) the authority to make any number of decisions (e.g. financial, business, real estate) on his or her behalf, even if the principal later becomes mentally […]

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