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Category Archives: Elder Law

gift vs loan vs advance: what's the difference?

Gift vs Loan vs Advancement: Why the Classification Matters

By Andre O. McDonald |

While we all want to provide financial help to our loved ones—whether they are family or close friends—it is important to understand that how the money is classified will directly affect your estate planning. Accordingly, the intent behind the transfer of the money is key when determining if it will be considered a gift… Read More »

So, what does an elder law attorney do?

What Does an Elder Law Attorney Do?

By Andre O. McDonald |

According to the US Census Bureau, more than 51 million Americans are currently aged 65 or older, and the number is steadily increasing while medical and technological advancements are allowing seniors to live longer and better lives than ever before. The expanding needs of the US aging population are contributing to an increase in… Read More »

What's the difference between elder law and estate planning?

Elder Law vs. Estate Planning: What’s the Difference?

By Andre O. McDonald |

The short answer: Both estate planning and elder law share similar concerns. The longer answer? The differences make all the difference.   Elder Law vs. Estate Planning: The Concerns are Similar   No matter what age we’re, life can deliver some hard knocks. Hope for the best, but plan for the worst. We can… Read More »

how to preserve quality of life through end of life planning

End of Life Planning Challenges: Preserving Quality of Life

By Andre O. McDonald |

As a lawyer, I am a firm believer in end of life planning. I prepare powers-of-attorney documents (Healthcare Powers of Attorney and Living Wills) so that when my clients can no longer act for themselves, the documents will convey on other trusted people the authority to act on my clients’ behalf. But when it… Read More »

The truth about how to protect assets in a second marriage.

How to Protect Assets in a Second Marriage (The Right Way)

By Andre O. McDonald |

When people marry for the second time (or more), losing assets to pay for their new spouse’s serious illness is probably the last thing on their minds when they say “I do.” But that could happen. Current costs for long-term care facilities can run between $70,000 – $150,000 annually. Studies show that 70% of… Read More »

The truth about the Medicaid penalty for gifts

How to Avoid the Medicaid Penalty for Gifts

By Andre O. McDonald |

Michelle’s children were concerned that Michelle would need long-term nursing-home care in the near future. It was the holidays, and Michelle always got a lot of joy out of generosity. But her children also worried that her generosity could hurt her in the long run, because they had heard that people in Michelle’s circumstances… Read More »

Challenges for the Sandwich Generation

The Stress of Caregiving for the Sandwich Generation

By Andre O. McDonald |

Dorothy Miller, a social worker, first created the term “sandwich generation” in 1981. A Journalist, Carol Abaya, continued to study and add to what the term means. In 2006, Miriam Webster included the term, sandwich generation, in the dictionary for the first time. The sandwich generation is defined as a generation of people who… Read More »

Tips for balancing caregiving with work responsibilities

How to Balance Caregiving with Your Work and Career

By Andre O. McDonald |

Providing care for a senior family member, particularly long-term care, can bring about lost wages and missed opportunities for the caregiver. A report by Genworth entitled Beyond Dollars 2018 shows that although statistically having to miss work to provide care is down 7% from 2015, overall 70% of caregivers still report missing work because of caregiving… Read More »

How technology products aim to reduce feelings of isolation in seniors

How Technology Can Reduce Feelings of Isolation for Seniors

By Andre O. McDonald |

The holidays are upon us and unfortunately many seniors feel even more isolated during this time. Thankfully, technology has provided some interactive gadgets to help lessen feelings of isolation. One of those gadgets, called the GrandPad, is discussed below. A New Technology Product to Help Reduce Feelings of Isolation in Seniors The internet is… Read More »

4 Common Power of Attorney Myths

4 Common Power of Attorney Myths

By Andre O. McDonald |

A durable power of attorney is one of the most important estate planning documents you can have. It allows someone who you appoint (your agent) to make non-medical decisions on your behalf in the event you become incapacitated. If you have not appointed an agent then your friends and family may not have the… Read More »

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