Articles

Creating a revocable living trust for Medicaid planning

It is possible to plan for long-term elder care by establishing a revocable living trust. This can be particularly beneficial for Medicaid planning. When most people in Kansas and elsewhere begin to think about estate planning, their minds are on providing for their loved ones after they are gone. It is understandable and admirable to…

A primer on special needs trusts

Special needs trusts can be very effective estate planning tools. If you have a son, daughter, sibling or other relative with special needs (including physical disabilities, developmental delays or mental health conditions), there is a good chance that you are interested in leaving money for him or her as part of your estate plan. You…

Preserving Medicaid eligibility: a vital part of long-term care planning

In order to preserve assets for loved ones and avoid jeopardizing benefits, it is important to plan for long-term care. Due to advances in such fields as medicine, agriculture, technology, housing and others, Americans are living longer, more fulfilled lives than ever before. This can even be the case after suffering a major health setback…

Credit card debt increasing in Kansas and throughout the nation

Credit card debt is rising among consumers in the U.S., which can result in wage garnishment and other financial difficulties. In the years following the Great Recession, countless people in Kansas as well as other states faced insurmountable financial challenges. These difficulties were often impacted by unemployment, foreclosure and credit card debt. For a few…

When it is time to set up a guardianship or conservatorship in Kansas

When a loved one in Johnson County starts having trouble making decisions or managing finances, it can be difficult for family members to determine what the right course of action is. People, in general, are fiercely protective of their independence and may resist any attempt on the part of family members to intervene into their…