1232 Blue Ridge Blvd, Hoover, AL 35226

Elder Law

Wednesday, June 14, 2017

Elder Abuse Prevention Toolkit!

http://www.alabamaageline.gov/assets/eaptoolkit.pdf

 

Here is the toolkit that Alabama's DHR has on their website. Very useful information!


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Friday, April 21, 2017

Managing Your Money as You Age


What steps can I take to improve my financial management skills as I grow older?

As you age, your financial capacity or ability to manage your own finances could decline.  Managing your finances is a complex task that requires much more than paying bills.  To effectively manage your funds, you need to understand how to read a brokerage statement, weigh investment risks, and prepare for long-term expenses.  Declining financial capabilities may leave you vulnerable to financial abuse and could drain your hard-earned assets.  

Our


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Thursday, March 16, 2017

Identifying Elder Abuse and Neglect


What are the signs of elder abuse?

Recently, three nursing home employees were arrested for neglecting an elderly patient.  A grand jury issued indictments against the three women after horrific evidence emerged that the employees failed to check on a resident overnight then lied about it.  When staff finally checked on the bedridden resident, they discovered she had suffered 100 ant bites during the 11 hours that she was left alone by the negligent staff.   

Sadly, this Alabama case is far from isolated.  Thousands of incidences of elder abuse occur each year, and the rate of elder abuse appears to be on the rise.
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Friday, February 17, 2017

Protecting Your Assets from Nursing Home Costs


What estate planning tools will help me to preserve my assets if I need to enter a nursing home?

An unfortunate aspect of aging is considering the possibility that you may not be able to live independently forever.  Nursing homes provide quality care for elderly individuals that suffer from a disability, physical illness, or cognitive impairment, such as Alzheimer’s disease, that prevents them from living on their own.  Over 1.3 million Americans are currently residing in nursing home care and close to half of all elderly individuals will require long-term care at some point in their lives.  

Nursing home costs have skyrocketed, and few families in Alabama can afford to pay for long-term care out of pocket.


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Monday, January 9, 2017

"Can I keep my mink coat and jewelry (or tools and guns) if I go to the nursing home?"


Many people worry that they will lose their possessions if they have to move to the nursing home. They fear that the nursing home will take everything, their house included! Let's set the record straight.

 

If you have to move to the nursing home, the nursing home is worried about one thing only. They worry about being paid on time. No nursing home that I am aware of is in the pawn-shop business or the barter business.
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Friday, November 18, 2016

Things We Take for Granted....


Today in 1883 time changed forever at High Noon.

On that day, the concept of time zones was implemented. Because of the need for accurate time measurement between cities, and the fact that with railroads now crossing vast expanses of space fairly quickly, keeping accurate track of time became necessary for the first "time" in history. Up until then, each town measured their own local time usually based on "high Noon", when the sun was at it's peak. From this date in 1883 onward though, everything changed.
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Wednesday, November 9, 2016

Did You Know....


Did you know that the National Highway Transportation Safety Commission has data that shows that many more deaths occur during the holidays than the rest of the year combined? From right before Thanksgiving until the Super Bowl, people are traveling more. People are drinking more. People are driving more. People are more distracted. All this means that you stand a statistically greater chance of injury or death if you drive during the holidays.
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Saturday, October 29, 2016

Financial Advisers in Alabama Must Report Suspected Elder Financial Abuse


What constitutes financial abuse in Alabama?

Alabama is one of several states that has passed legislation requiring financial advisers to alert the state of suspected instances of financial abuse of the elderly.  Mandatory elder financial abuse reporting laws went into effect in Alabama, Indiana, and Vermont this past summer, while Louisiana’s similar law will take effect in January.  In addition to mandatory reporting in cases involving individuals over the age of 65, Alabama’s law also allows financial advisers to stop disbursement of funds from client’s accounts and provides advisers with immunity from civil liability.


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Friday, October 14, 2016

Medicaid Roadmap- What is it?



 

Someone once said that “We are all pilgrims on the same journey but some pilgrims have better road maps.”

 

Many adult daughters (and a few adult sons) are faced with the challenges of becoming caregivers for their mothers and fathers. About age 50 or so, they begin to realize that mom and/or dad is not as healthy as he or she once was. This raises all sorts of questions, including:

 

Who will take care of them as they need more care?

 

Can they stay at home? If so, for how long?

 

Where can they go if they can’t stay at home?

 

How much does it cost to hire caregivers to come to them?

 

Is that covered by insurance?

 

What is the difference between an independent living community, an assisted-living community, a memory-care facility and a nursing home?

 

Are any of those expenses covered by insurance?

 

Medicare- what exactly is it? Do they have it? What does it cover?

 

TriCare for Life- ditto

 

VA benefits- are they eligible? If not, can they become eligible?

 

How much money do mom and dad have in savings?

 

Do they have long-term care insurance?

 

 

Are mom and dad keeping their bills current?

 

Do they have basic estate planning in place and where is it?

 

Is it too late to see about protecting their life savings from the overwhelming costs of nursing home care?

 

These are common questions that the 50 year-old daughter must answer in order to be an effective caregiver. This is where a roadmap comes in handy.
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Thursday, October 13, 2016

Ignorance is NOT Bliss!


Whoever said that ignorance was bliss was ignorant, at least as it applies to seniors and their care.

 

We are entering the time of year when families spend a lot of time together, possibly more time than they have since the previous year. Adult children will be visiting with their parents and in-laws over the various holidays from now until the Super Bowl. This will give the adult children time to watch Mom and Dad closely. It will give them time to examine their living arrangements and the condition of their homes.
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Monday, October 3, 2016

You Mean I can deduct Mom or Dad's medical expenses? How?


The expenses related to home healthcare and assisted living may be tax-deductible if they exceed 7.5% of adjusted gross income and the following conditions are met.

 

According to Internal Revenue Code 7702B, a chronically ill person is defined as someone that meets either of the following descriptions:

 

1. He or she is unable to perform at least two activities of daily living (ADLs) without substantial assistance from another individual for at least 90 days due to a loss of functional capacity. (Activities of daily living are eating, toileting transferring, bathing, dressing and incontinence.
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