February 1, 2018

047 – When Does a Power of Attorney Stop Working

Today’s episode discusses five situations where a power of attorney might or will stop working.  They include: (1) revocation by the principal; (2) death of the principal; (3) resignation of the agent; (4) death of the agent; and (5) lack of durability.  Listen to the episode to learn a whole lot […]
January 31, 2018

046 – Three Different Types of Powers of Attorney

There are a number of types of power of attorney documents.  Today on the show I discuss three of them: 1) durable as opposed to non-durable; 2) springing as opposed to non-springing; and 3) general as opposed to specific.  Listen to episode 46 – Three Different Types of Powers of […]
January 30, 2018

045 – Power of Attorney Traps – Using Do-It-Yourself Documents

045 – Power of Attorney Traps – Using Do-It-Yourself Documents Be careful when using a cheap or a do-it-yourself, off the shelf power of attorney document. A do-it-yourself document is more likely to have problems when the time comes that you need to use it. Listen to this episode to […]
January 29, 2018

044 – Power of Attorney – The Most Important Document – An Overview

044 – Power of Attorney – The Most Important Document – An Overview I believe the power of attorney may be the most important document in the elder care process. It is the document where one person – called the principal (your elderly loved one in this situation) – appoints […]
January 26, 2018

043 – Beware of the Medicaid Trap – New Rules During the Look Back Period

043 – Beware of the Medicaid Trap – New Rules During the Look Back Period Sometimes things you do during the Medicaid look back period – even though they may be legal, moral and ethical – can create massive problems when it is time to apply for Medicaid. You need […]
January 25, 2018

042 – Most All Gifts – No Matter How Small – Are Penalized by Medicaid (in New Jersey)

042 – Most All Gifts – No Matter How Small – Are Penalized by Medicaid (in New Jersey) People are surprised to learn that Medicaid (in New Jersey) penalizes all gifts no matter how small. They are also surprised that there is no annual exclusion exception for gifts. Don’t get […]
January 24, 2018

041 – The Dangers of Paying for Care Under the Table

041 – The Dangers of Paying for Care Under the Table Home care is expensive. It can be tempting to save money on care by paying for it under the table but doing so is very risky. In addition to being illegal there are a number of potential problems associated […]