The Law Offices of Randall M. Perla Has Joined Twitter and Facebook

The Perla Law Firm has joined Twitter and Facebook. The office will use the platforms to share helpful information in the areas of Estate Planning, Probate, Elder Law, Family Law, and related subjects.

You can like our Facebook page at https://www.facebook.com/LawPerla

You can follow us on Twitter at https://twitter.com/EPerlaLaw

If there are any topics you would like covered in our blog, please leave a comment below.… Read the rest

Making a Charitable Gift in Your Estate Plan

Making a gift to a charity in your estate plan is a wonderful way to give back. Today’s blog post will talk about the basics of charitable giving.

Choosing Charities

Before you leave money to any charity, it is wise to go to a website like https://www.charitynavigator.org/ and https://www.consumerreports.org/charities/best-charities-for-your-donations/ to make sure that the charity is worthy of your support. Unfortunately, there are many great sounding charities that spend most of their operating costs on administrative expenses or are scams.

How to Make the Gift

A gift to a charity… Read the rest

Change May be Coming to VA Aid and Attendance Benefits

The Department of Veterans Affairs is proposing changing eligibility rules for VA Aid and Attendance Benefits. Specifically, it is proposing an asset limit, a look-back period and asset transfer penalties for applicants applying for pensions, like the Aid and Attendance benefit. Currently, there is no prohibition on transferring assets prior to applying for benefits.

The proposed rule would create a 36-month look-back period and a penalty period of up to 10 years. The penalty period would be calculated based on total assets transferring during the look-back period exceeding the new asset… Read the rest

Medicaid Planning with Annuities for Married Couples

If you or a loved one is facing the need for long term care, that is nursing home, assisted living or home care, you know how expensive it is. Medicaid planning utilizes legal and financial strategies to qualify for government programs like Medicaid to pay for long term care and save you and your family money. Annuities are a popular tool in Medicaid planning for both single individuals and married couples. This post will explain how annuities are often a great tool for married couples.

When one spouse needs long term care, it takes a financial toll not just on the individual but on the individual’s… Read the rest

Use Caution When Signing Nursing Home Agreements

In the case of Andover Village Retirement Community v. Cole, Mr. Cole admitted his mother to a nursing home. Mr. Cole, who was his mother’s agent under her financial power of attorney, signed one agreement as a “Responsible Person” that stated in the agreement that he was not personally liable for his mother’s unpaid medical expenses. Then, Mr. Cole signed an additional agreement with the nursing home stating that he was assuming financial responsibility for his mother.

After Mr. Cole’s mother died, the nursing home sued him for unpaid expenses. The Court found that each agreement must be treated… Read the rest