We have already discussed a bit of background on WisPACT trusts and the process to set up a WisPACT trust. While I strongly encourage clients to look at WisPACT options for beneficiaries with disabilities, there are some circumstances where WisPACT might not be the perfect fit. In those cases, clients can choose to set aside […]
What’s New? If an individual is incapacitated and has a Living Will or Power of Attorney for Health Care (“POA”), a certification of incapacity needs to be signed before those documents can be activated. Previously, this certification was only effective if signed by either two physicians or one physician and one psychologist, both of whom […]
We have already discussed a bit of background on WisPACT trusts. WisPACT trusts are useful tools for disabled beneficiaries, allowing them to set aside assets that normally would push them over an asset limit and make them ineligible for various government programs. Today, I want to explain a bit more about the who, what, and […]
Long term care costs present a significant financial stress to many families. For certain veterans (and their surviving spouses) the VA offers a pension program that can provide additional monthly income to offset some of the cost of their care. This program is known as the VA Aid and Attendance pension. In order to be […]
The concept of having too much money is foreign to almost all of us. But if you receive needs-based government benefits like Medicaid, Family Care, IRIS, SSI, or other programs, having money can be an issue. For parents and grandparents of program recipients, it can be a struggle to decide whether to include the recipient […]
Entering a nursing home or assisted living facility can be one of the most confusing and stressful times that a family will ever have. In addition to changing a living situation, families are thrust into an alphabet soup of different government agencies and programs. We have discussed in prior articles the use of irrevocable trusts […]
Where do you live? Kimberly Where are you from? Kimberly My legal practice… Focuses on helping families prepare for the future. My practice concentrates on elder law (making sure seniors’ legal ducks are in a row and protecting wealth from long-term care stays) and estate planning. My family…. Consists of my beautiful wife, Mary, our […]
Where do you live? Appleton, WI Where are you from? Appleton, WI My legal practice… I represent families in elder law and estate planning matters. I also represent buyers and sellers in real estate transactions and with business formations. My family…. I live in Appleton with my wife Jennifer and yellow lab Emmy. What is […]