Elder Law | Tomac & Tomac

Knowledge is power. Check out the blog posts below that were specially curated for you:

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TALKING TO YOUR PARENTS ABOUT ESTATE PLANNING

For most of us, estate planning is one of the most challenging topics to discuss with our parents. Even broaching the subject can seem...

QUESTIONS TO ASK YOUR ELDER LAW ATTORNEY

Contemplating financial matters and making long-term life decisions via estate planning can be a difficult and emotional journey....

SOUTHWOOD CASE REMINDS US THAT INCAPACITY PLANNING IS IMPORTANT

As we age, our likelihood of mental incapacity increases. After all, our bodies and minds deteriorate as we age. Mental incapacity...

ESTATE PLANNING SOCIAL MEDIA POSTS - FACT OR FICTION?

This post has gone viral on social media over the last few weeks. We love that it has started a real conversation about the fact that we al

MANAGING A MEDICAID CRISIS

In the United States, the median monthly cost of a semi-private room in a nursing home is currently more than $7,500. The cost of a...

2 COMMON MISCONCEPTIONS ABOUT PROBATE

We often hear about a celebrity's estate wrapped up in a lengthy process, or about a recently deceased friend's family going through a...

WHAT'S NOT TO LIKE ABOUT AN "I LOVE YOU" WILL? PLENTY.

An I Love You Will is a last will and testament in which the testator—the person who makes the will—leaves everything to his or her...

ESTATE PLANNING FOR COUPLES MARRYING LATER IN LIFE

Advancements in the medical field have allowed us to live longer. Sometimes this leads to widowed spouses finding love and marriage for a...

WHAT IS A POUR-OVER WILL AND HOW IS IT USED?

A pour-over will is a type of last will and testament typically used in trust-based estate planning. Unlike a traditional will, which...

WHAT IS THE MEDICAID LOOK-BACK PERIOD?

Medicaid can pay for the nursing home care of individuals who meet certain income and asset requirements. However, if the applicant’s...

MEDICAID, NURSING HOME COSTS, & THE RUMOR MILL

One-half of all Americans who reside in nursing homes receive assistance from Medicaid to pay for their care. This is not surprising,...