The health and safety of our clients, staff, and community are our number one concern. The coronavirus and measures enacted to prevent its spread have impacted all our lives, and understandably heightened fears. We want you to know we are here to serve you in a...
ELG Estate Planning Blog
What are Physician Orders for Life-Sustaining Treatment in the State of Idaho?
If you or a loved one has a terminal diagnosis, you have the right to direct whether or not you would want resuscitation efforts should you stop breathing. Through consultation with your physician you can express your wishes to your doctors, healthcare providers, and...
What is the Difference Between a Living Will and a Health Care Directive?
A Living Will is simply another name for a Health Care Directive. This legal document, also known as an Advance Directive, allows you the opportunity to express your preferences concerning the type, level, and duration of medical treatment and care that you want to...
What Are the Goals of Asset Protection Estate Planning?
The overall goal of Asset Protection Estate Planning is to insulate your assets from creditors, or in the case of Long-Term Care planning, from the nursing home and/or the state of Washington. Asset protection involves very specific legal documents to protect the...
The Crisis for Caregiver Children Who Are Still Working
In previous posts, we have discussed the dilemma of the unpaid family caregiver and the impact that the role has on a senior’s Long-Term Care plan. An article in The Atlantic emphasizes the plight of the family caregiver, often a middle-aged daughter who still works...
The Importance of Having a LTC Care Plan
A recent MarketWatch article warns of the dangers of failing to create and implement a Long-Term Care plan while you are still healthy and able to do so. While it is admittedly difficult to think about aging, future incapacity and death while you are still in the...
1 in 4 Seniors Do Not Discuss End-of-Life Care
Even though advocates for senior citizens, nursing homes, and other healthcare professionals all have emphasized the need to plan for issues related to the end of life early on, a new study at the University of California, San Francisco, found that more than...
Special Needs Trust Fairness Act Signed Into Law
Parents, grandparents, legal guardians, and courts all can create special needs trusts for a disabled individual in order to help finance his or her Long-Term Care needs. In order to qualify for Medicaid, an individual normally would be subject to certain income...
Retirement Has Become Much More Difficult for Most, Often Due to Health Concerns
A recent Associated Press article details the plight of the middle and lower classes as they struggle to prepare for retirement and their accompanying healthcare costs. Most U.S. households will actually have a worse lifestyle from a financial perspective than they...
Start-Ups for Making Decisions About End-of-Life Care
As our population ages, it is estimated that about 2.6 million die annually in the United States. While the death care industry has remained very traditional in terms of its operations and pricing, some new and innovative businesses are appearing in an attempt to...