Living Trusts Explained: Avoiding Probate and Ensuring Your Wishes Are Followed
Posted on April 14, 2025 by shieldsandboris
Probate is the process through which a deceased person’s estate is finalized. It can be lengthy and complicated in Pennsylvania. For that reason, many people opt for a strategy that helps them limit their estate’s exposure to probate. Living trusts can be one of the most effective tools for avoiding probate and ensuring that your wishes are followed.
Strategies for Asset Protection: Safeguarding Your Wealth Against Unexpected Risks
Posted on March 9, 2025 by shieldsandboris
Aging brings financial risks. One of the most important things you can do is to develop a proactive, comprehensive strategy to protect and preserve your wealth. Building wealth takes years of hard work. Unfortunately, without the right protections in place, it can be diminished (or lost) far more quickly. At The Elder Law Offices of Shields & Boris, we help people and families anticipate risks and plan for the future.
Medicaid Planning for Long-Term Care: Protecting Your Assets While Qualifying for Benefits
Posted on February 16, 2025 by shieldsandboris
Long-term care costs are extraordinarily high. They are one of the biggest threats to your assets. According to data cited by the U.S. Health News, the average cost of a semi-private room in a nursing home is nearly $10,000 per month. The good news is that Medicaid can provide coverage for long-term care. The bad news is that Medicaid only provides coverage to those with limited assets.
Understanding Irrevocable Trusts: A Comprehensive Guide to Estate Planning
Posted on January 6, 2025 by shieldsandboris
Trusts are an effective estate planning tool for many people and families in Pennsylvania. There is a common misconception that trusts are truly only useful for the very wealthy. That is simply not the case. Middle-class families can benefit from trusts. Irrevocable trusts are a specific category of trust that offers a number of different estate planning benefits.
A Guide to Alzheimer's Care
Planning for someone who has Alzheimer’s disease can be complicated. Proper planning in advance can help alleviate many frustrations as the disease progresses. The time to act is now. Learn the steps for proper planning from our eBook to ensure that things are handled according to your wishes and that you’ve taken the best steps possible to protect your loved ones and your family’s financial security.
When Someday Arrives
We wrote this book for retirees and child caregivers as a tool to allow you to stay at home as long as possible and as a guide of what to do if you or a loved one cannot stay at home. We believe every family has a legacy to protect, and it is our job to protect that legacy. The greatest risk to today’s retiree is a long-term care health crisis. Request your copy today to prepare for what the future holds.
What To Do When A Loved One Dies
Consumers and financial planners, use this book as a down-to-earth primer of estate planning and elder law! Learn about the duties, rights, and responsibilities of the executor or administrator of an estate and what you should expect from competent legal counsel when you have to probate an estate. Find tools such as a guide to help you retain competent counsel and even an estate organizer so you can organize your own affairs.
Don't Go Broke in a Nursing Home
Take back control of your life and provide excellent long-term care for your aging loved ones without going broke in the process. Find creative financial strategies to protect your assets and the quality of care you receive. In addition, learn about little-known tax incentives, how to choose the right home care providers, long-term care facilities, and how to manage the crisis.