Blog
Possible changes coming to Long-Term Care Medicaid eligibility
Many people do not want to think of the possibility of requiring long-term care at some point in the future. They do not want to think about not being able to take care of themselves or can be concerned about becoming a burden on family members. While it is natural to...
read moreIf I don’t have a plan in place, who will make decisions for me if I am unable to do so myself?
One of the most important aspects of any comprehensive estate plan is determining who will act for you in the event that you are unable to make decisions for yourself. This could be the result of a long battle with dementia or Alzheimer’s or a sudden change because of...
read moreSkilled Nursing Facility … or the Holiday Inn?
After examining the cost of long-term care, Terry Robison decided that the Holiday Inn is a better deal than a skilled nursing facility. The Dallas Morning News reported on Mr. Robison’s Facebook post, in which he estimated that a skilled nursing facility would cost...
read moreSometimes the least expensive option costs more down the road
When it comes to estate planning, the cheapest option is to simply do nothing. But doing nothing can turn into a headache down the road for family and loved ones. For instance, Husband wishes to leave all of his property, including the home they share, to Wife. He...
read moreBurnout is a real concern for caregivers
According to Bob Jackson, the Director of Texas AARP, unpaid family caregivers are providing Texas seniors with approximately 3.2 billion hours of care. And that’s just in one year. Mr. Jackson values those services at approximately $35 billion. To put that number...
read moreFederal spending on seniors will hit 50% mark in next decade
By 2019, the Federal Government estimates that it will spend approximately half of the federal budget on seniors – mostly on Social Security and Medicare. To put that number into perspective, last year, the government spent approximately 40% of the budget on seniors,...
read moreWhen to review your existing estate plan
Each time the New Year rolls around, it’s hard not to think of our goals and plans for the future. The New Year is also a great time to take stock of existing plans, such as your estate plan. Very few people need to review their plans with an attorney on an annual...
read moreBalmos Law joins local companies to raise money for Young Lives
On Saturday, Balmos Law was a table sponsor for this year’s Winter Wonderland Gala, a fundraiser for the Lewisville-Flower Mound chapter of Young Lives. Young Lives serves teenage mothers and their children, many of whom face housing, financial and educational...
read moreMyth Busting Monday: Elder Law Attorneys Only Work With Senior Citizens
One of the most frequent reactions I hear when I tell someone that I am an elder law attorney is that they are too young to think about “that kind of stuff.” Or that they’re not established enough to have an “estate” to worry about. FALSE. I strongly believe that all...
read moreImportant Healthcare Conversations No One Wants to Have
There are two healthcare documents that every adult should keep in a safe place, and a couple of conversations that everyone should have with their family members or trusted friends. First, who do you want to make healthcare decisions for you, should you lose capacity...
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