Posted on: June 13, 2024
When most people think about creating an estate plan, they usually focus on what will happen when they die. They typically do not consider what their wishes would be if they were alive but unable to manage their own affairs (in other words, if they are alive but incapacitated). In many cases, failing to plan […]
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Posted on: April 18, 2024
As poet Robert Burns mused centuries ago, the best-laid plans of mice and men often go awry. Despite thoughtful effort and a concerted strategy, you cannot prepare for every emergency in life. A car accident, sudden illness, workplace injury, chronic medical condition, or other disability can force you to reevaluate the core assumptions you used […]
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Posted on: April 11, 2024
Many people believe that estate planning is only about planning for their death. But planning for what happens after you die is only one piece of the estate-planning puzzle. It is just as important to plan for what happens if you cannot manage your own financial or medical affairs. Before reviewing how to choose the […]
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Posted on: April 8, 2024
Comprehensive estate planning involves more than just planning for your legacy after your death, avoiding probate, and reducing taxes. Good estate planning also appoints people to make legal, financial, and medical decisions for you if you are alive but unable to make those decisions for yourself (in other words, if you are incapacitated). Before reviewing […]
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Posted on: February 29, 2024
In 2024, Medicare continues to expand its covered medical services while attempting to maintain affordable pricing for coordinated care among doctor and hospital visits, prescriptions, lab tests, imaging, and more. But each year, millions of enrollees face premium and deductible increases. In 2024, Part B premiums will rise from the 2023 cost of $164.90 to […]
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Posted on: February 26, 2024
As parents, we inherently understand the need to shield our children from the uncertainties of life. However, one aspect often overlooked in our protective measures is Medicaid crisis planning. This is especially crucial for Austin's professionals, who, adept at managing their careers and day-to-day challenges, may find themselves unprepared for a health crisis that could […]
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Posted on: January 18, 2024
Recently, we started discussing what Dementia caregivers need to know about estate planning and what this means for their ability to protect their wishes through an estate plan. We covered: However, as Dementia progresses, estate planning must become more proactive and strategic than ever to avoid court and conflict over your loved one's wishes in […]
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Posted on: January 17, 2024
Caring for a loved one with dementia is a challenge that millions of families undertake each year. As a caregiver, understanding how a dementia diagnosis and incapacity affects your loved one's legal decision-making is crucial to ensuring their wishes are honored and that you are providing them with the best possible care. In this blog, […]
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Posted on: January 2, 2024
As the sun sets over Lady Bird Lake, casting a golden glow on the bustling streets of Austin, parents gather at a local café to enjoy the holiday light show. A common concern emerges amid their conversations about business, family life, and the end of the year: ensuring their aging parents are not missing out […]
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