The end of any year is a busy time with holidays and family obligations. However, it also is a good time to take stock in your personal and professional life and plan for any adjustments you need to make for 2019.
If you already have an estate plan in place, take this time to review the beneficiaries that you named in your Trust or Will. Have there been any marriages, divorces, or births in the past year that require a change to your estate planning documents? It also is advisable to review the beneficiaries named on your insurance policies, 401(k), IRA, bank accounts, and other financial assets.
If you’ve purchased or inherited a new house, car, mineral rights, etc. in 2018, your estate plan should include those items. If not accounted for in your estate planning documents, you could unintentionally create a probate action upon your death. Similarly, if you have sold an asset, be sure your estate plan has been adjusted accordingly.
Attorney Kristina Crawford of Davis & McCann, P. A. located in Dodge City, Kansas, recently attended a specialized course on key legal technical concepts aimed at Medicaid planning and planning for individuals and families in crisis situations.
Elder law attorneys provide specialized legal services in the areas of estate planning, elder law, Medicaid, and Special Needs Planning. Specialized training is required to provide competent service in these areas and ensure proper implementation of legal strategies.
With many senior citizens today facing long-term costs of hundreds of thousands of dollars, Ms. Crawford can knowledgeably help clients figure out how to pay for nursing home, assisted living facility or home health care without depleting their hard-earned assets.
Clients should have confidence that Ms. Crawford will not only be proficient in this area of law, but also that she will draft comprehensive documents to support the implemented strategies and ensure proper execution of the clients’ plan.
Medicaid planning allows Attorney Kristina Crawford at Davis & McCann, P. A. to save their clients not only hundreds of thousands of dollars but also the stress of how to pay for long term care. This is only one example of the valuable elder law services the firm provides.
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