Category: Senior Law News

Many people make New Year’s resolutions. If one of your resolutions was to make sure your affairs and finances are in order, then you are going to need to review your estate plan – or create one if you do…

One of the unique provisions under Virginia law is the statutory protection of personal injury and wrongful death proceeds against creditors. Specifically, the Virginia Code states that, subject to a few specific exceptions, “all causes of action for personal injury…

The Center for Medicare and Medicaid Services (CMS) has announced changes to the Long-term Care Spousal Standards that apply to married couples who seek Medicaid assistance for payment of ones long-term care services. The standards that will change in 2021…

United States Savings Bonds have been around since 1935 and have evolved from the Series E Bond, which contributed billions of dollars to finance World War II, to the electronic versions of Series EE and Series I bonds that we…

The COVID-19 pandemic has had sudden and significant repercussions for how individuals conduct their financial planning, specifically, how they approach their spending and saving goals. Many households have seen a steep reduction in income and have subsequently, though unintentionally, burned…

The process of administering a trust or estate can be lengthy and complex. It seems even longer for a beneficiary who has the expectation of receiving funds or property after an estate or trust is settled. While most administration efforts…

Does My Loved One Need a Representative Payee? If you have a friend or family member who receives Social Security benefits but no longer has the capacity to manage these benefits, you may be wondering how you can help them.…

Most of our clients want to remain in their home for as long as possible, however, many fail to realize that in-home care is often more expensive than care received in community settings. The 2020 Genworth Cost of Care Survey…