From the category archives:

Legal & Financial

Post image for Use of Trusts in Elder Law and Disability Planning

This is a guest post by Marco Chayet and Dawn Hewitt, from the law firm Chayet & Danzo, LLC in Denver, Colorado. There are several different types of trusts that can be used to enhance the quality of life for a trust beneficiary with special needs.  These trusts generally supplement benefits that the beneficiary receives [...]

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Post image for Your Senior Health Care Bill: $260,000!

I have always been a big fan of Howard Gleckman, author of Caring for Our Parents.  In fact, he was the very first person I interviewed for my Leaders in Elder Care series.  If you aren’t familiar with Howard’s blog, you’re really missing out on a complete play-by-play of how the health care debate is [...]

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The Irrevocable Income Only Trust

by Ryan Malone on November 3, 2009 · View Comments

in Legal & Financial

Post image for The Irrevocable Income Only Trust

A Guest Post by Brian Mahoney, Esq. An often discussed mechanism in Medicaid/Nursing Home planning is the IIOT, an Irrevocable Income Only Trust. Aside from Nursing Home issues and look back periods we need to first ask about financing issues. Consider whether the Trustee might ever need to obtain financing on the realty, perhaps for [...]

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Post image for The Why and How of Elder Care Mediation

Elder care mediators have a specialized process knowledge base and understanding of the life changing issues faced by elders and their families. They assist in navigating the uncertain path created by unplanned changes in the physical, emotional, and relational well being of parents. With the deliberate implementation of conflict resolution tools and mediation methods such [...]

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We’ve all been bombarded with the statistics about the growing number of Baby Boomers who will required elder care of some sort.  It’s a massive number, which makes it appealing to many of the elder care providers – assisted living, home care, skilled nursing…you name it. But have you ever sat back and thought about [...]

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For those of you who aren’t familiar with it, the Center for Excellence in Assisted Living (CEAL) is a non-profit collaborative of 11 national organizations that builds upon the work of the Assisted Living Workgroup (ALW), [U.S. Senate Special Committed on Aging Initiative]. CEAL’s goal is to promote high-quality assisted living and server as a [...]

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For any of you who’ve been challenged by the intricacies of Medicare, supplemental coverage and drug coverage, you’ll be glad to know there’s finally a solution. Joppel is a free service created by a team with over 65 years of experience in healthcare to assist seniors and their caregivers navigate the difficult task of choosing [...]

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The purpose of the Understanding Residency Agreements series is to provide you with a working knowledge of the contract you’ll likely face should you choose assisted living for your loved one. The contract we’ll use as an example is from a major corporate assisted living company.  Many of these contracts can be found by searching [...]

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The purpose of the Understanding Residency Agreements series is to provide you with a working knowledge of the contract you’ll likely face should you choose assisted living for your loved one. The contract we’ll use as an example is from a major corporate assisted living company.  Many of these contracts can be found by searching [...]

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