Elder law is an area of legal practice that specializes in issues that affect the elderly. The purpose of elder law planning is to prepare the elderly person for financial freedom and autonomy through proper financial planning and long-term care options.
The ABC’s of MSP, QMB, SLMB and ALMB March 1, 2023 is the date when the Medicare Savings Program (“MSP”) income thresholds are updated. The figures are based on the federal poverty guidelines, which are adjusted every January based on inflation. Each State manages its own MSP standards. In Connecticut, you are eligible for MSP…
We have everything you need to know right here! With this insightful breakdown by Elder Law Attorney Joan Reed Wilson, understand how the latest estate planning and elder law updates of 2023 will affect you. For those who enjoy numbers over words, this article is for you. For those who don’t, read slowly! Related…
November has been designated “National Family Caregivers” month to raise awareness of caregiving issues, educate the community, recognize family caregivers, and increase support for caregivers. In our practice (and in my own family), we see many families who are supporting an aging loved one. It’s what people do, especially for a parent or others who…
Let me tell you about my Law Firm internship, the summer before I started my legal education journey. I decided that I wanted to further gain knowledge and understanding from a real-world professional. While I had little experience in the legal field, I was able to connect with Attorney Joan Reed Wilson, of Reed Wilson…
Insurance can play a crucial role in estate planning by providing a source of funds to pay for estate taxes, debts, and other expenses. It can also help ensure that your loved ones are financially protected in the event of your unexpected death. Additionally, certain types of insurance, such as life insurance, can be used…
Is the CSPA Connecticut’s Chapter of the ASPCA? Not exactly. So what is the CSPA and why am I writing about it anyway? CSPA stands for the Community Spouse Protected Amount and the reason my blog focuses on it this month is because the minimum CSPA in Connecticut has been increased to $50,000 effective July…
