Why Long-Term Care Insurance Claims Get Denied Long-term care insurance can help pay for care when someone needs help with daily activities. Unfortunately, claims are sometimes denied. Understanding why can help prevent delays and unexpected expenses. Common Reasons Claims Are…
Protecting Loved Ones From Funeral Debt How Much Do Funerals Cost? According to the National Funeral Directors Association, the national median cost of a funeral, including viewing and burial, was more than $8,000 as of 2023; for cremation, the median cost…
The decision to move a vulnerable loved one into a nursing home or other type of long-term care facility is a big one. It also carries the potential for high financial stakes. Many people and families in Arkansas are shocked…
Guardianship becomes necessary when an older adult cannot make decisions and lacks a valid power of attorney. The guardianship process can be complicated by family disputes, difficulties in proving the adult’s incapacity, and challenges with ongoing guardian responsibilities. Strategies such…
Takeaways Your estate plan should be updated regularly, particularly after major life events (e.g., marriage, divorce, birth of a child, death of a loved one), significant financial changes (e.g., increase or decrease in wealth, real estate transactions), or other notable…
Takeaways A durable power of attorney is a legal document that allows a trusted individual to make financial or health care decisions on your behalf even if you become unable to handle your own affairs. This document provides long-term safeguards,…
Ensuring Your Elder Law Attorney Understands Medicaid Planning | Takeaways Working with an experienced elder law attorney who understands Medicaid Planning is crucial for long-term care planning and applications. Red flags indicating an attorney’s inexperience include a lack of specific…
The United States Census Bureau reports that there are more than 60 million senior citizens nationwide. That number is going to grow dramatically in the coming years. Aging brings certain challenges. If you are getting closer to your golden years,…
As people age, their legal needs become more complex and often more urgent. From long-term care planning to guardianship, Medicaid eligibility, and estate matters, seniors in Arkansas face critical decisions that can impact their health, finances, and family. You and…
There may come a day when you or a loved one requires assisted living or nursing home care. While it’s not easy to think about, long-term care planning is a critical part of estate planning. In the United States—and especially…