Long Term Care

When to Update Your Estate Plan in Texas

Keeping your estate plan updated is a crucial aspect of financial planning that many people tend to overlook past an initial preparation. Simply creating an estate plan is not enough. There are many reasons to review and update your estate plan, which you’ll read about in this article. Regularly updating your estate plan ensures that […]

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The Benefits of Living Near Family Caregivers

In my practice, many older adults prefer to enjoy their golden years aging in place at home with the assistance of family caregivers. Older adults in this situation aren’t aging alone. It’s likely that they have adult children and grandchildren who visit regularly; on the weekends and during the week if needed.  If your adult

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Elder Law And How To Have All Affairs in Place Before it’s Too Late

The Manchester Living Podcast’s Brian Levy recently hosted Jeff Kort, a Dallas-area financial advisor, and myself, Steve Holman, to discuss the ins and outs of elder law. You can watch the video right here, or look below for 5 important takeaways from our conversation.

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COVID-19 is no excuse to put off conversations with older parents about their long-term care

Use this holiday season to observe their well-being and broach the subject, even over Zoom As a Dallas elder law and estate planning attorney, I hear concern edging into my clients’ voices every first of January, post-holiday-visit. After the plum pies are eaten and the grandkids tucked into bed, adult children are often left with

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navy family veteran spouse

VA Benefits: Can They Help Pay for Long-Term Care for My Spouse or Parent?

Veteran’s Affairs (VA) benefits can help if your loved one needs long-term care. Depending on their specific needs, VA benefits may include disability compensation, VA pension, or long-term care assistance.  The amount of the benefit can vary. It depends on what you can demonstrate as your needs, costs, and resources. It’s a good idea to

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How to Pay for Assisted Living – Medicaid’s Assisted Living Waiver Program

A recent report was issued that reviewed a number of state’s Medicaid Assisted Living Waiver Program.  These programs provide Medicaid funding to assisted living or in-home care. The report found that providing public benefits to eligible individuals before they required skilled nursing care reduced the state’s overall Medicaid expenditures. Further, it provided options to individuals

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The Importance of Long-Term Care Planning

Life expectancy in the United States has continued an upward trend over the last several decades. The average life expectancy for men is 76.4 years and the average for women is a healthy 81.2 years of age. What has not trended upward, however, is the number of people engaging in long-term care planning. The fact

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What to Consider in Retirement Planning

Most people dream of retiring one day. The problem is that many do not move beyond dreaming about it to actually planning it out. Fortunately, those who prioritize planning can make their retirement dreams a reality.  As an estate planning attorney, I advise clients daily on how to approach their retirement within the estate planning

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