|Special Needs Planning Tip: Beware Remote or Contingent Beneficiaries
You may not want to leave any of the money in your estate directly to a relative with special needs, but the fine print in your estate planning or financial papers might cause unwise distributions anyway.
Click here to learn how to avoid these results.
Financial Guide for Baby Boomers Assisting Their Elderly Parents
Bob Mauterstock, author of Can We Talk? A Financial Guide for Baby Boomers Assisting Their Elderly Parents, will speak at a brunch at Goddard House in Brookline on Saturday, April 21st, beginning at 10:30 a.m.
Based on the Cape, Bob Mauterstock is recognized as an expert in the areas of retirement income planning, long-term care planning, and veterans' benefits. He has been a financial advisor to hundreds of families over the last 30 years and has helped them achieve a worry-free, comfortable retirement.
The first 20 people who register will receive a free copy of his book.
RSVP by calling 617-731-8500 or sending an e-mail to firstname.lastname@example.org.
Boston Location for Your Business
Office available in Copley Square, opposite Trinity Church. Ideal for solo practitioners or anyone needing a part-time Boston location. Utilities, conference rooms, fax and T-1 line included.
For more information, call Eugenia Andrade at 617/267-9700.
|Michigan Court Reinstates Malpractice Suit Against Elder Law Attorney|
Carolyn M. Schmidt hired elder law attorney Denise M. Lafave Smith who is based in Lansing, Michigan, to help Ms. Schmidt's father, Hubert Wade, secure Medicaid eligibility for his nursing home care. She subsequently applied for Medicaid coverage for her father and had her application denied.
Attorney Smith filed an appeal on Mr. Wade's behalf, but then did not pursue it or respond to Ms. Schmidt's telephone inquiries. Ms. Schmidt hired another attorney who filed a new application and eventually got Mr. Wade onto Medicaid.
Ms. Schmidt sued Attorney Smith for the value of lost benefits during the interim. The trial court dismissed the claim, stating that any loss was only of a potential inheritance. But the Michigan Court of Appeals reversed saying that since funds were transferred from Mr. Wade to his daughter, she had an actual loss.