December 11, 2009

Babyboomers Need to Talk to Their Aging Parents about a Long-term Care Plan

We would all like our parents to live long, healthy, independent lives.  However, the reality is that although many of our parents will live long lives, […]
November 3, 2009

Using an Irrevocable Trust to Plan for Medicaid

There are many Medicaid planning strategies designed to transfer assets without incurring a penalty.  (See http://www.perlalaw.com/blog/personal-caregiver-agreement/).  This blog will explore many of these strategies.  One such […]
November 3, 2009

Why do I Need to Plan for Medicaid? (Ie. Why Can’t I Just Give My Assets to My Children?)

In my previous post http://www.perlalaw.com/blog/hello-world/I discuss the cost of long-term care and the importance of planning for Medicaid.  This blog will try to dispel many of […]
October 8, 2009

Know What a Living Trust Can Do for You (And What it Can’t Do For You)

The living trust can be a beneficial instrument for general estate planning as well as Medicaid planning purposes. The key is having a knowledgeable attorney to help you take advantage of its benefits and avoid its pitfalls. Contact attorney Elizabeth Perla at (440) 333-2503 today to discuss living trusts or other elder law and Medicaid planning issues.