This author has yet to write their bio.Meanwhile lets just say that we are proud Tracy Pulley contributed a whooping 25 entries.
For wartime veterans and their families, the VA Pension with Aid & Attendance can be a crucial financial resource for managing the high costs of long-term care. However, the application process includes a strict financial review known as the 3-year look-back period. Understanding this rule is essential for any family considering applying for this benefit. […]
When a person applies for long-term care Medicaid in North Carolina, the Department of Social Services (DSS) conducts a thorough financial review to determine eligibility. A critical part of this review is the 5-year look-back period. This rule can be confusing and is often a source of stress for families. Let’s break down what it […]
When a loved one passes away, the person named as the executor or administrator of their estate is given a significant responsibility. This process, known as estate administration, involves settling the deceased’s final affairs, from paying debts to distributing assets to the rightful heirs. While it is an act of trust and honor to be […]
A Step-by-Step Guide: What to Do After a Loved One Passes Away Losing a loved one is a deeply emotional and challenging experience. In the midst of grief, you are suddenly faced with a number of responsibilities that can feel overwhelming. Knowing what to do—and what not to do—can provide a sense of clarity during […]
Creating a trust is a powerful step in a comprehensive estate plan, but the document itself is only half the equation. A trust is only as effective as the person or institution you choose to manage it—the Trustee. This is one of the most critical decisions you will make. The Trustee is responsible for managing […]
A Revocable Living Trust is a cornerstone of many modern estate plans. It offers flexibility that a simple will cannot, providing a detailed roadmap for how your assets should be managed during your lifetime and after you’re gone. But not all trusts are created equal. A generic, boilerplate document often fails to provide the real […]
One of the most common questions in estate planning is, “Do I need a Revocable Living Trust?” Once considered a tool exclusively for the wealthy, trusts are now a valuable and accessible option for many families seeking greater control and protection for their assets. The Three Key Roles in a Trust At its heart, a […]
Don’t Forget the Pets: Including Your Four-Legged Family in Your Estate Plan For most of us, pets are not just animals; they are cherished members of our family. We plan for their care when we go on vacation, but many people overlook one critical question: What happens to my pets if I become incapacitated or […]
Debunking 4 Common Myths About Long-Term Care Medicaid Misinformation about long-term care Medicaid can lead families to make poor financial decisions when they are most vulnerable. It is a complex system, but understanding the truth behind the common myths is the first step toward effective planning. Let’s debunk four of the biggest misconceptions we encounter. […]
What is an Aging Life Care Professional? As our loved ones age, navigating the complexities of their health, housing, and financial needs can become a significant challenge for families. An Aging Life Care Professional, formerly known as a Geriatric Care Manager, is a health and human services specialist who acts as a guide and advocate […]
If you own a corporation or LLC, Google “Corporate Transparency Act” and file your report before the end of the year. Don’t be fined $500.00 per day for failing to file.