Monthly Archives: February 2014
The Revocable Living Trust
Revocable living trusts, also known as inter-vivos trusts, are prepared for individuals and couples with sufficient property to alleviate the burdens and expenses of the probate process, and who wish that information about their assets and testamentary wishes be kept private. Like all legal documents, there are certain elements that a revocable living trust must… Read More »
Five FAQs about Medicaid and the Recent Medicaid Expansion
What are the current Medicaid eligibility requirements? Medicaid currently covers all those whose modified adjusted gross income is up to 133 percent of the federal poverty level ― this will increase to 138 percent in 2014 for states like New York that have opted into the Medicaid expansion program. For our elder law clients, there… Read More »
Can I Prepare My Will on My iPad?
Javier Castro’s last will and testament, drafted at his deathbed on his brother’s Samsung Galaxy tablet, was recently found valid by an Ohio court. The electronic will was signed and witnessed with a stylus, and this was sufficient to meet the requirements under Ohio law, which states only that a will be a written document… Read More »
Protecting Your Special Needs Child After Your Death
A recent study shows that in 2011, 5.1 percent of American children between the ages of 5 and 15 were identified as disabled. That amounts to more than 2.3 million children with special needs. The study also shows that only 20.7 percent of working-age adults with disabilities had a full-time job that year, compared to… Read More »