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.
The Medicaid Eligibility Process and Long-Term Care Planning
In 1965, Medicaid was established to provide healthcare to low-income and asset-poor individuals. The state and federal governments cooperate in...
Medicaid Crises: When Should You Prepare?
In order to cover the costs of long-term care (LTC), Medicaid is a joint federal and state program accessible to individuals who meet certain asset...
In the Absence of Advance Directives, the System Will Take Control
During this Covid-19 epidemic, an especially wrenching question demands an answer: how far would you want extreme life-prolonging measures taken if...
Be Cautious When Planning for Medicaid and Inheritances
It is possible to make mistakes when it comes to inheritances and Medicaid. It can be very costly to make those mistakes. When a person is drawing...
Is the Probate Attorney Representing the Executor or Estate Heirs?
Understanding the lawyer's role at the beginning of the probate process is one of the first things you should do, whether you are the Executor or an...
Nursing Homes in the U.S. Face a Number of Challenges
The most vulnerable of Americans are in our nation’s nursing homes. When the novel coronavirus did hit, these nursing homes became its ground zero...
Dementia Caregiving
The experience of caring for dementia patients, especially those with Alzheimer's disease, is challenging for families. Even though you understand...
Intent Letters: Why They Are Important
Business and personal issues can be addressed in a letter of intent (LOI). Your LOI is a valuable piece in your estate planning, and although it is...
The Impact of Tax Law Changes on Estate Planning
Due to changes in tax law on the verge of becoming law, more commonwealth transfer strategies may have significant impacts. While it is too early to...
The Government Offers a Variety of Senior Benefits
Financial insecurity is a major problem for many US seniors due to current inflationary pressures. Aside from cutting back on unnecessary expenses,...
Supporting Aging Parents
It can be troubling to see your parents decline as they age, especially since they are often reluctant to admit how much help they need. They may...
Equality Is Usually Viewed as Equitable
When it comes to deciding how to leave property to your children, the obvious choice is to divide everything equally. That is the straightforward...
Make Your Wishes Known While You Are Still Able to Do So
Many of us have now seen a friend and loved one slowly and painfully die from Alzheimer's disease. In the final stages of this and other dementia...
The Importance of Exercise and Physical Activity as We Age
Exercising and staying physically active have long been recognized as being beneficial for people of all ages, but they become even more important...
Keeping Your Family Informed About Your Estate Plans and Goals
A comprehensive estate plan is the foundation for a successful transfer of wealth to your loved ones. However, many of us often overlook the crucial...
Prepare for Emergencies, Don’t Wait
Doesn't that sound like something your mother would say? Do you often wish you had listened to your mother? Nobody really wants to think in advance...
Revocable Trusts: An Overview
We received the following question from a client: After my brother died, he left money in a revocable trust for my children – but they could only...
How to Incorporate Cryptocurrency Into an Estate Plan
Digital assets tend to render traditional estate planning elements obsolete. Crypto-assets may comprise significant individual wealth in the forms...