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Estate Planning, Probate, and Elder Law

Blog

Welcome to our blog, where you will find more information regarding estate planning, successions and probate, wills, trusts, special needs planning, Medicaid and long-term care planning in Louisiana.

2015 Louisiana Medicaid Long-Term Care Income and Resource Update

The Louisiana Department of Health and Hospitals recently updated the maximum Community Spouse Resource Allowance and the Minimum Monthly Maintenance Needs Allowance for spouses of Medicaid Long-Term Care benefits. To qualify for Medicaid Long-Term Care benefits a single person can have no more than $2,000 of countable resources. Married couples both...

Level of Care Options For Seniors

One of the greatest concerns for retirees and the elderly we serve is that of long term care.  Approximately, two-thirds of seniors will need long-term care at some point in their life and many have not planned for this likelihood. For many it is an emotional and unpleasant topic to broach,...

Dealing with the Financial and Emotional Costs of Dementia

Dealing with the Financial and Emotional Costs of Dementia The Alzheimer’s Association defines dementia as, “a general term for a decline in mental ability severe enough to interfere with daily life. Memory loss is an example. Alzheimer’s is the most common type of dementia.” In fact, Alzheimer’s disease accounts for 60...

Protecting Your Children and Grandchildren with Trusts

Trusts are very important tools available to estate planning attorneys. A standalone trust or a trust incorporated into a will allows you to leave assets with “strings attached” for the benefit of a loved one. For example, you may think it is unwise to allow a child or grandchild unrestricted access...

Protecting Assets when Qualifying for Medicaid

Many Louisiana residents are unaware of the many options available to preserve assets by avoiding Medicaid spend-down when qualifying for Medicaid long-term care benefits. I meet with many people who are under the impression that there is not much they can do protect their assets from Medicaid spend-down. They may have...