Michigan Elder Law and Estate Planning
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| Blog Name: |
Michigan Elder Law and Estate Planning |
| Url: |
http://michiganelderlaw.info |
| Language: |
English |
| Topics: |
Medicaid, Estate Planning, Elder Law |
| Description: |
This blog is a discussion of issues relevant to seniors and the law. It is particularly concerned with educating seniors and their families about life-care planning, long-term care, asset protection, nursing homes and assisted living, estate planning, and care-giving. |
| Popularity: |
15 Followers |
End of Year Estate Planning?
Many people develop and execute a tax plan between now and the end of the year. With just about seven weeks remaining in the year, it is time to move quickly.
But very few people need to plan their gifting for tax purposes anymore. With the estate tax being eliminated in 2010 and the estate tax exemption at $3.5 Million in 2009, there is very little tax planning to do anymore. The current $13,000.00 per person per year gift exclusion actually impacts very few people.
What is much more
Collaborating With an Elder Care Expert: Putting a Geriatric Care Manager on Your Team
Caring for a senior gets complicated quickly. Even assuming that an ideal care regiment can be identified, financing that care, locating resources and working out the logistics of transportation, insurance and personalities can be more than a full time job. For these reasons, it is helpful to turn to a geriatric care manager. Geriatric care managers specialize full-time in the evaluation of seniors’ medical needs and the navigation of the healthcare system, and can even often provide “insider” knowledge of the options available. While a geriatric care manager’s services are generally not covered by insurance, they can certainly earn their keep by saving tim
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