Long Term Care Planning
Transferring Assets to Qualify for Medicaid
Transferring assets to qualify for Medicaid can make you ineligible for benefits for a period of time. Before making any transfers, you need to be aware of the consequences. Congress has established a period of ineligibility for Medicaid for those who transfer assets. The so-called “look-back” period for all transfers is 60 months, or 5 […]READ POST »
Four Ways the Coronavirus Pandemic May Affect Long-Term Care Insurance
The coronavirus pandemic has had a devastating impact on the elderly, particularly those in nursing homes and other long-term care facilities. This has raised questions about how the virus has influenced the costs and provision of long-term care insurance, which covers care in facilities and sometimes at home as well. If you have a long-term […]READ POST »
How to Avoid Problems as a Trustee
Being a trustee is a big responsibility and if you do not perform your duties properly, you could be personally liable. That is why it’s important to hire the right people to guide you in this important role. A trust is a legal arrangement through which one person (or an institution, such as a bank […]READ POST »
Pandemic Relief: Retirement Account Owners Do Not Have to Take Required Distributions in 2020
Retirement account owners, many of whose retirement balances have been pummeled by a stock market drop due to the coronavirus pandemic, do not have to take mandatory withdrawals this year. Federal law requires individuals who were age 70 1/2 before the end of 2019 to begin taking required minimum distributions (RMDs) from their retirement plan in […]READ POST »
The Secure Act and Its Impact
By Christine A. Alsop, The Elder & Disability Advocacy Firm of Christine A. Alsop, LLC President Trump recently signed a spending bill that makes major changes to retirement plans. The new law is designed to provide more incentives to save for retirement, but it may require workers to rethink some of their planning. The Setting […]READ POST »
Attorney Christine A. Alsop Named to the 2019 Missouri Super Lawyers List.
The Elder & Disability Advocacy Firm is proud to announce that Christine A. Alsop has been named one of the top Elder Law Attorneys in Missouri & Kansas for 2019 by Super Lawyers. This is an exclusive recognition with no more than five percent of attorneys achieving this status. Super Lawyers, part of Thomson Reuters, […]READ POST »
What You Can Do to Keep Your Loved One Safe at Their Nursing Home
After a tragic murder at a St. Louis area nursing home, attorney Christine A. Alsop provides advice on what you can do to keep your loved one safe at their nursing home. Elder law expert Christine Alsop told 5 On Your Side that the federal government requires nursing homes put together a plan of care […]READ POST »
The importance of long term care planning
As life expectancy increases in Missouri and in the United States as a whole, people need to start planning for their health needs as they age. Such planning ought to include consideration of the need for long-term care, either as in-home nursing care or at a residential facility. According to experts, there is a 50 […]READ POST »
Glen Campbell at center of Alzheimer’s care dispute p2
We are circling back to our June 21 post about Glen Campbell, Alzheimer’s disease and a dispute over Campbell’s care. A few years ago, Campbell was diagnosed with Alzheimer’s, but he was still able to tour with his band. The singer’s condition declined, though, and in spring 2013 the tour came to an end. Campbell […]READ POST »
