Vallone Law Blog
Nobody lives forever, but our legacies will. There's a lot to think about when it comes to your final act and what and who you leave behind. This is a blog about estate planning, elder law, and wisely looking ahead.
Understanding The Medicaid Waiver Program and In-Home Nursing Facility Care
Long-term care benefits may be available to you even if you do not meet Medicaid's income and asset requirements. If you currently demonstrate the...
The Difference Between Estate Planning and Elder Law
You may be wondering how estate planning differs from elder law as you begin planning for your future financial affairs and health care needs....
The Role of Artificial Intelligence in Long-Term Care
In the near future, artificial intelligence (AI) may play a critical role in managing long-term care for older adults. The increasing relevance and...
The Redetermination Process for Medicaid Benefits
The Medicaid agency reviews a beneficiary's eligibility for continued Medicaid coverage as part of a Medicaid redetermination process. Typically,...
The Importance of Financial Literacy and Discipline in Building Wealth
A steady path can make you a self-made millionaire if you're in the millennial generation or younger. It does not require a unique set of skills,...
Understanding Coming of Age and Powers of Attorney
If you are the parent of a child who turns 18 (depending on the state), it can be hard to imagine that the child who once needed your attention for...
Reforms to the Tax Code That Affect Retirement and Estate Planning
A number of tax provisions have been incorporated into the Inflation Reduction Act (IRA) which went into effect in August 2022, along with the...
Insights into Special Education Trends
K-12 special education needs are being reshaped by external forces. School violence and cyber threats continue to increase amid teacher and staff...
A Guide to Irrevocable and Revocable Trusts
Estate planning often involves the use of revocable and irrevocable trusts. Each has benefits and drawbacks depending on your goals. However, both...
Does Medicaid Have the Right to Take Your Home?
A dream come true for many Americans is owning a home. Homes are the most valuable and significant possessions most people own in their lifetimes, and they work hard to own them.
The Difference Between Dying With a Will and Dying Without One
The thought of death, especially your own, is uncomfortable. Add to that the issue of what will happen to our assets after our deaths and it’s little wonder why so few people have created wills and other estate planning documents.
A Guide to Tax on Generation-Skipping Transfers
A tax imposed by the US government on transfers that skip a generation of heirs is known as a generation-skipping transfer (GST). Its primary design is to prevent wealthier individuals from avoiding estate and gift taxes by transferring large amounts of assets to their grandchildren, bypassing their children.
Adult Children with Disabilities: Creating a Support System
Growing numbers of people with disabilities live in the United States, and planning for an adult child’s future well-being is a responsive, continuous process.
An Overview of the Advantages of Long-Term Care Insurance 2.0: The Hybrid Policy
When you become seriously ill or injured, nursing home care can cost an astronomical amount. You might also know that Medicare would cover only a minimal amount of those costs.
The Ten Best Organizations to Help Seniors Live Independently
Approximately 18 percent of the US population will be 65 years old by 2030. This demographic is driving significant and lasting challenges as 10,000...
Estate Planning Documents for Health Care
Estate planning most commonly involves wills and trusts and the transfer of assets to the next generation. However, there is another part of estate...
Estate Administration – How Does It Work?
Estate administration refers to managing and distributing a deceased person’s assets in the US. This process typically includes identifying and...
A Special Needs Plan: 10 Things to Consider
One of the most important life-protecting things you can do for a loved one with special needs is to plan for their future. This article offers tips...