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...
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guiding colorado families and Their Trusted Advisors During Times of Need
Long-Term Care Planning
Guardianships for those with mental health issues
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...
The cost of aging keeps going up: Plan now
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...
What does your long-term care plan look like?
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....
Medicaid planning is something better done sooner than later
No one really wants to depend on Medicaid benefits, especially because people associate them with poverty, despite it being a critical safety net for those who need medical care. If you have worked your entire adult life, you have probably always had private...
Do You Need to Plan for Long-Term Healthcare?
You spent years working toward your retirement. You built an investment portfolio, took care of your home and made the most of your company’s retirement planning. As ready as Baby Boomers are for their well-earned retirement, many people overlook the costs of...
2019 update on Medicaid income and asset limits
It is further into the year than usual for this post, but we do aim for a yearly update to keep accurate numbers on our site. While many aging parents never see themselves spending time in a skilled nursing facility, the reality is that longer lifespans increase the...
Legal issues for adult children to consider as their parents age
While it may feel difficult to bring up sensitive issues related to aging, adult children should think carefully about how to facilitate conversations with their parents about the possibility of eventual physical or cognitive decline and about getting their personal...
Get legal advice before signing a long-term care agreement
At & , LLC, our elder law practice includes legal counsel for people across Colorado about long-term care. Placement counseling includes review of facility admission agreements to advise clients about the...
An electronic registry to convey end-of-life wishes
The Kaiser Family Foundation has estimated that approximately 60 percent of adults over 65 have advance medical directives. While it is a good idea for all adults to have these documents, what happens if they cannot be accessed quickly? A California pilot project is a...
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