Elder Law Articles

What is the best way to structure the transfer? Should a client transfer assets into the names of one or more of their children (or other family members)? While person-to-person transfers can work in certain situations, it is more often preferable to transfer assets to a trust that will ultimately benefit the intended family members.

A “combination” or “hybrid” life insurance policy incorporates a long-term care rider into a permanent life insurance policy.

Questions arise when people consider their long-term care needs in the event of a chronic medical condition, disability or disorder. Close to the top of the list is “How do I pay for the medical assistance I will need?” One solution is to purchase a long-term care insurance policy.

Medicaid is a federal program which provides a public health insurance program for people with low income. It is the principal source of long-term care coverage in the United States.

Knox Law is committed to serving our clients during the COVID-19 pandemic. Our attorneys and staff are working remotely and are available by phone and/or email to help with any questions your clients may have regarding their estate plans.

Purchasing life insurance is one of the most important decisions a person can make. However, this purchase can be undermined by lack of thoughtful planning regarding beneficiary designations. Below are five common errors to avoid when naming beneficiaries.

In our last article, we discussed why having a valid Power of Attorney is essential to your future well-being. While the responsibility of selecting a trustworthy agent to act on your behalf may seem overwhelming, there are options to consider when establishing your Power of Attorney that may make the decision easier.