by Sheryl Manning | Jul 20, 2023 | Estate Planning, Special Needs Planning
The transfer of assets for the benefit of a child with special needs requires careful planning to protect their needs-based government benefits. It is also important to protect those assets against later claims after your death and, in some cases, during your...
by Sheryl Manning | Jul 13, 2023 | Estate Planning
In the event that you become incapacitated in some manner, you should plan ahead and appoint a trusted agent to take care of your affairs on your behalf. These legal documents can grant broad authority to one or more power of attorney agents to transact business or...
by Sheryl Manning | Jul 6, 2023 | Estate Planning, Special Needs Planning
Children with special needs require special consideration when it comes to estate planning. You’ll need to assess how your child will be able to function in the world as they age. There are many questions to answer, including: What is the child’s long-term...
by Sheryl Manning | Jun 29, 2023 | Elder Law
Your loved one’s well-being depends on how you advocate for them in a nursing home. Residents in nursing homes and other long-term care facilities are disproportionately affected by the flu, pneumonia, COVID-19, and other contagious diseases. According to the...
by Sheryl Manning | Jun 22, 2023 | Elder Law, Special Needs Planning
In 2014, the Achieving a Better Life Experience Act (ABLE) was passed by Congress. This created tax-advantaged accounts for people with disabilities. Funds can grow tax-free if used for qualifying expenses. Before the ABLE Act, if a person with disabilities had more...
by Sheryl Manning | Jun 15, 2023 | Estate Planning
A gun trust allows individuals to own firearms in a legal manner, allowing them to share access to firearms with others while remaining compliant with the law. This approach is beneficial for those who own restricted firearms or firearms regulated by the National...
by Sheryl Manning | Jun 8, 2023 | Elder Law
In the near future, artificial intelligence (AI) may play a critical role in managing long-term care for older adults. The increasing relevance and adoption of AI have sparked debate over whether introducing it to healthcare technologies is ethical. How can AI...
by Sheryl Manning | Jun 1, 2023 | Special Needs Planning
There are unique challenges and opportunities for families of children with special needs to safeguard the future of their children. Providing appropriate medical, educational, recreational, and employment opportunities for your special needs child can result in a...
by Sheryl Manning | May 25, 2023 | Estate Planning
A steady path can over time make you a self-made millionaire if you are part of the millennial generation or younger. It does not require a unique set of skills, specialized knowledge, or even excessive risks. Americans who achieve millionaire and multi-millionaire...
by Sheryl Manning | May 18, 2023 | Estate Planning, Special Needs Planning
Often, families who care for a loved one with special needs or a disability create and fund special needs trusts. It can provide peace of mind to improve a family member’s future quality of life without jeopardizing their eligibility for government benefits. However,...
