Serving Colorado Families And Businesses With Dignity In Times Of Need
When you create a power of attorney, you pick an agent who is authorized to make decisions if you cannot do so. This is typically done with a financial or legal power of attorney and a medical power of attorney. The former does things like paying taxes or accessing...
Most people know that Medicare provides low-cost medical coverage for citizens that are over 65. However, what most people don’t know is precisely how Medicare coverage works. Medicare’s services are divided into four parts, each providing different benefits. They...
Medicaid planning can be one of the most challenging areas to get right when estate planning. If your parents have too much wealth when they need Medicaid, the authorities could take it to pay for the services they need. On the other hand, if they do not have enough...
Different government benefit programs cover different needs. Government insurance programs can help connect otherwise-uninsured people with necessary medical coverage and treatment. Unlike Medicare, which only requires that people reach a certain age to qualify,...
Medicare has a lot of coverage gaps that people often don't realize until they need care. For example, Medicare will not cover extensive rehabilitation services or stays in nursing homes. Those kinds of care can cost thousands of dollars a month, which Medicare...
For many, long-term care planning means considering things like nursing homes and assisted living centers. You can work on all of this as part of your estate plan. You know that you could have many healthy years ahead of you, but that doesn’t necessarily mean that...
Multi-generational family homes do exist, but they are far less common than they were years ago. Most households contain only one or possibly two generations of family members, with children usually moving out as soon as they achieve financial independence. Although...
Minor children are generally dependent on their parents for basic necessities and the management of their care. Parents can make decisions on behalf of their minor child, from what school they should go to, to what medical care they should receive, because young...
Aging doesn’t come cheap. And studies have found that it’s only likely to get more expensive. There are many reasons for this, and they’re important to consider for those doing their estate planning and long-term care planning. A strain on...
There could come a point in your life when you require long-term care, such as at a nursing facility. While you hope to avoid this, it’s something you must plan for nonetheless. Neglecting to do so could leave you, your family and your estate in a bad place....
