As an Estate Planning/Elder Law attorney, I often hear people ask why Wills, Trusts, and Long-Term Care Planning (Medicaid) options are so hard to understand. I think there is an easy answer – the laws, which can get complicated, were written by lawyers.
Estate planning, though complex, must be done properly (including Halachic planning – Jewish Law – if you are Torah observant), making sure it effectively protects you, your family and your legacy. Unfortunately, some people think that they can do it themselves, using a one-size-fits-all document drafting website. The truth is, most often, this just doesn’t work.
What does work, is getting educated about estate planning and working with an experienced, patient, and caring attorney, who will listen to you and work with you to make sure your objectives are accomplished with the right planning tools and solutions for your particular situation and family dynamics.
The purpose of this blog is to help anyone interested in educating themselves about estate planning and Medicaid planning, to have a place to go for simple, understandable information. This will help guide you in making the right decisions for you and those you care about most.
The fact is many people pass away without taking care of the planning their family needs – leaving behind not only grief, but the aggravation of having to take care of all the many problems lack of planning leaves behind. Studies show that anywhere from 55% to 64% of Americans have not written a Will or done any estate planning. Often, they don’t plan because it seems too complicated, so they just put it off – until it is too late.
I hope this blog gives readers an understanding of why it’s important to plan now – while there is still time to plan.