Words and phrases such as estates, nursing homes, mental incapacity, long-term care costs, trusts, and probate administrations do not exactly inspire feelings of wonder and excitement in most folks. Planning for these potential events can often seem a little scary and confusing.
At Darpel Elder Law, we hope to guide, teach, and see you through these legal mazes. To learn more about particular legal topics, please explore our blog.
Empowering your Power of Attorney is essential for safeguarding your future. Learn how to choose the right agent, define their powers, and keep your POA updated. Discover why having a POA is crucial to avoid the lengthy and stressful guardianship process in Kentucky.
Confused about IRS gifts versus Medicaid gifts? Our latest blog breaks down the differences and helps you plan effectively for your future.
Blended family? Make sure your estate plan is rock solid. Learn how to protect your loved ones and prevent conflicts with these essential tips.
Discover why transferring your house to your kids might not be the best move. Learn about the benefits of asset protection trusts and how they can safeguard your family's future.
A revocable living trust does not protect your assets from nursing home costs because you retain control over those assets, making them countable for Medicaid eligibility. Alternative strategies like irrevocable trusts and long-term care insurance should be considered for effective asset protection.
