Newsletter Archive

July 2021 Newsletter

Monday, July 19th, 2021

In our Estate Planning and Elder Law practice, we have clients with small businesses. Clients often engage in both selling their businesses as they wind down and buying businesses. Transferring businesses to family members is a major part of long-term care planning; especially for Medicaid qualification. Occasionally it may make sense for an elderly client to purchase a business.

June 2021 Newsletter

Thursday, June 17th, 2021

Last July we wrote about some changes in IRA distribution law known as the SECURE Act. One change makes designating a Qualified Disability Trust a beneficiary of an IRA instead of an individual efficient for both tax and public benefit purposes. This newsletter explores the use of such trusts and confusion about them.

May 2021 Newsletter

Monday, May 17th, 2021

Previously we looked at the timelines for Medicaid Planning, the Medicaid Asset Protection Trust (MAPT) and how the MAPT protects assets for someone who may need long term care Medicaid. Today we will look at how the MAPT protects its beneficiaries, typically our children.

April 2021 Newsletter

Friday, April 16th, 2021

Previously we looked at the timelines for Medicaid Planning and the Medicaid Asset Protection Trust (MAPT). We will look at how the MAPT works and its advantages in protecting assets and qualifying one for long term care Medicaid.

March 2021 Newsletter

Thursday, March 18th, 2021

This is the first of several parts discussing Medicaid planning. It is no secret the cost of long-term care in America is the greatest threat to the economic well-being of most Americans. There are only three ways to pay for long-term care: Private long-term care insurance; private resources; and after you have spent all your money and are broke; Medicaid.

February 2021 Newsletter

Tuesday, February 16th, 2021

What do Wilson Pickett, Bobby Goldsboro, Marvin Gay, and Carole King all have in common? Other than being popular singers?

They all said it’s too late! But is it?

January 2021 Newsletter

Thursday, February 11th, 2021

Social Security payments are determined by a number of factors: the amount of money you earn and amount you pay into the Social Security system, the age at which you begin taking benefits, marital status, how long you work, disability status and other factors. There are a number of ways to increase what you receive from Social Security. Not all of these methods will be applicable to everyone or even practical but consider them nonetheless.

December 2020 Newsletter

Wednesday, December 16th, 2020
Business owners are notorious for engrossing themselves in the day-to-day management and functions of their businesses. As a business owner, you are likely the heart and soul of the company you lead. Your clients love you, and you have built unique relationships with your contractors and suppliers.

November 2020 Newsletter

Tuesday, November 17th, 2020

Since 1993, every state must establish a program to recover Medicaid expenditures from the estates of recipients. 42 U.S.C. § 1396p(b)(1)(B). This is known as “estate recovery.” In theory states can impose liens to personal or real property 42 U.S.C. § 1396p(a) or seek to recover from the Medicaid recipient's decedent's estate. 42 U.S.C. § 1396p(b)(1)(A).

Fall 2020 Webcast Calendar

Thursday, October 15th, 2020

5 Upcoming Webcast on 3 Intriguing Topics –Register Today!

October 2020 Newsletter

Wednesday, October 14th, 2020

In essence, Wills do nothing while the Will maker is alive. Trusts function as both substitutes for powers of attorney and for wills.

September 2020 Newsletter

Monday, September 14th, 2020

Did you know that once a child reaches the age of 18, you no longer have access to your child's medical or financial information or that you no longer have the ability to make medical decisions or act in a financial capacity for them unless you have their written consent or are with them and they give their verbal consent?

August 2020 Newsletter

Tuesday, August 11th, 2020
Many of us are not receiving long term care Medicaid, but contemplate we may need such long-term care in the future. Sometimes citizens have cash resources that
exceed the Medicaid limit. At the same time, family members, typically the eldest daughter, are providing care out of their own time and resources, which is
burdensome to the caregiver and guilt giving to the parent.

COVID-19 reopening plan for Estate & Elder Law Services

Thursday, July 30th, 2020

As valued colleagues and clients, we want to continue keeping you informed of the operations of Estate & Elder Law Services amid ongoing concerns of COVID-19.

Catherine B. Read named Chair of the Elder Law Section at DSBA

Tuesday, July 28th, 2020

The Elder Law section is comprised of Delaware attorneys who are interested in the impact of the law on the elderly, including but not limited to, issues relating to elder abuse and financial exploitation, adult guardianships...

June 2020 Newsletter

Friday, June 19th, 2020

Turmoil, anxiety, vexatious, how many words can you use to explain the Covid-19 plague?

Covid-19 Update from Estate & Elder Law

Tuesday, March 31st, 2020

At Estate & Elder Law Services we are here to serve our clients: the elderly, those with disabilities and their families. No one is more important.

Coronavirus Update from Estate & Elder Law Services

Tuesday, March 24th, 2020

As valued colleagues and clients, we want to continue keeping you informed of the operations of Estate & Elder Law Services amid concerns of COVID-19.

Covid-19 Update from Estate & Elder Law Services

Thursday, March 19th, 2020

In light of the COVID-19 pandemic, we continue to react proactively and erring on the side of caution to protect the safety and well-being of our staff, clients and advisors...

Estate & Elder Law Services Coronavirus Precautions

Monday, March 16th, 2020

In light of the outbreak of the coronavirus, we are reacting proactively and erring on the side of caution to protect the safety and well-being of our staff and clients...