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Estate Planning: How a Special Needs Trust Can Benefit a Loved One with a Disability

On behalf of Johnson Hobbs Squires LLP | May 30, 2017 | Estate Planning, Firm News

If you intend to leave assets to a loved one with special needs, his or her eligibility for government benefits could be put at risk in the absence of proper planning.For example, instead of leaving a cash gift that would result in disqualification for government...

Eminent Domain and Landowners’ Rights

On behalf of Johnson Hobbs Squires LLP | May 24, 2017 | Eminent Domain, Firm News

It’s an obvious thing to say, but here it is: when you purchase or inherit real estate, the property is then yours; no one can simply take it from you. But “simply” is the key word here.Eminent domain is a reality, and governments can use this power...

Short-Term Care Insurance: An Alternative to the Long-Term Care Variety

On behalf of Johnson Hobbs Squires LLP | May 18, 2017 | Elder Law, Firm News

A little-known insurance option can be an answer for some people who might need care but are unable to buy long-term care insurance. Short-term care insurance provides coverage for nursing home or home care for one year or less.As long-term care premiums rise,...

Once a Nursing Home Resident Qualifies for Medicaid, Are There Any Rules on the Remaining $2,000 in Assets?

On behalf of Johnson Hobbs Squires LLP | May 4, 2017 | Elder Law, Firm News

In order to be eligible for Medicaid benefits, a nursing home resident may have no more than $2,000 in “countable” assets.The only rules for the remaining $2,000 are that (1) the money must be spent only for the Medicaid beneficiary, and (2) it may not...

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Recent Posts

  • The VA may cover at-home care for senior veterans
  • Signs of possible financial abuse of your elderly loved one
  • When can you sue for a construction defect in Texas?
  • 4 estate planning myths
  • Get the facts about eminent domain in Texas

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