"The High Cost of Long Term Care in Maryland - Genworth Report" by Attorney Jon J. GasiorThe cost of long term care is one of the most significant costs that a family may face in their lifetimes. Each year, Genworth conducts a survey to attempt to gather the most up to date cost of care estimates all over the country. When planning for long term care expenses, it is important to know exactly … [Read more...]
Aging Gracefully
I met Regina Green 35 years ago. She was 65, recently retired and was my husband Les’ grandmother. She recently passed away at the age of 100. There are many memories I have of her but what I want to share with you today is where she chose to live the last 35 years of her life.Regina was married to Charles Green, a Baltimore City police officer. They were married for over 50 years. … [Read more...]
Aging Gracefully
"Aging Gracefully" by Attorney Colleen Sinclair Prosser … [Read more...]
Continuing Care Retirement Communities
Continuing Care Retirement Communities (CCRC) are a unique option when it comes to long term care. When considering this option you will want to be familiar with how they work.CCRC’s provide an alternative to other long term care options. Typically residents pay a large entrance deposit, generally between $100,000 and $300,000 and upwards of $1 million. This large deposit buys the resident a … [Read more...]
Continuing Care Retirement Communities (Audio)
"Continuing Care Retirement Communities" by Attorney Jon J. Gasior … [Read more...]
Medicaid Eligibility Rules in Maryland
It is important to remember the Maryland Medical Assistance, or Medicaid Eligibility Rules when thinking about planning for long term care. In order to qualify for Medicaid, a single person can have no more that $2500 in countable assets. At first glance, this number is alarmingly low. You may be asking, how can anyone ever qualify with such a low figure? That is where Medicaid planning … [Read more...]
Medicaid Eligibility Rules in Maryland
"Medicaid Eligibility Rules in Maryland" by Attorney Jon J. Gasior … [Read more...]
Free Estate Planning Seminars Next Week! Register now!
The estate planning seminars establishes the necessary components of an effective estate plan. The seminar is presented in a case study format profiling the life of Bill and Mary Jones. Several scenarios are used to relay the impact of estate planning issues relating to probate, disability due to incompetence, protection of government benefits for special needs loved ones, second marriages, … [Read more...]
The American Academy of Estate Planning Attorneys
The attorneys at SinclairProsser Law are members of the American Academy of Estate Planning Attorneys. “The Academy” as it is commonly known, is a group of attorneys dedicated to helping families plan their estate, preserve their assets and eventually distribute their wealth. The Members of the Academy meet every six months to stay connected and educated on the latest estate planning issues … [Read more...]
Does Medicare Pay for Nursing Home Costs?
When considering how you will pay for nursing home costs, most people think of the following sources of payment: their income, their assets, maybe Medicare, maybe Medicaid and long term care insurance. They are certainly correct in thinking that their income and assets can pay for a nursing home. Long term care insurance will often pay depending on the policy coverage. Medicaid will pay for … [Read more...]
