Fewer things will send someone into a total panic faster than receiving a Medicaid Recovery letter in the mail. Imagine a family still grieving from the passing of a loved one getting a letter informing them that the government funds used for nursing home care for the deceased are owed and must now be paid back! In some cases, we are talking in upwards of hundreds of thousands of dollars here.
This very real concern arises from a long-standing but little-known aspect of Medicaid, the state-federal program that provides health coverage to millions of low-income and elderly Americans. In certain cases, a state has the right to recoup its medical costs by putting a claim on a deceased person’s assets. Make no mistake, this includes the state of Virginia.
Digital Asset Management Planning is a growing concern as these are modern times, and more and more things are being done online! In the news, cryptocurrency Billionaire Matthew Mellon best known for his investments in the cryptocurrency Ripple (XRP), passed away recently leaving up to 500 million dollars in digital assets that may now simply be lost forever! Everyone regardless of age or wealth-level can fall victim to the trap of not properly planning ahead!
Before being deployed overseas for the Iraq war in 2003, Army reservist Don Morrison filled out military forms that gave instructions about where to send his body and possessions if he were killed.
"I thought, 'Wow, this is mortality right in your face,'" Morrison, now 70, recalls. After that, his attention was keenly focused on how things might end badly.
Great News - Our firm is included as one of the winners of the Virginia Living 'Best of Virginia 2018' contest!
Managing Attorney Robert W. Haley, Attorney Laura E. Frazier and staff in both offices would like to thank all who voted for The Estate & Elder Law Center of Southside Virginia in the Virginia Living "Best of Virginia 2018' Contest for the Law Firm category.
Thank you to all who voted for us in the 2018 Danville Register & Bee Readers' Choice Awards in the law firm category recently:Your vote means a lot! Our firm will continue to do what we do in helping our clients and their families protect what is most important to them and plan for the future.
Our firm has received great news this Monday: Managing Attorney Robert W. Haley, of the Estate & Elder Law Center of Southside Virginia is listed as part of the Super Lawyers list in the category of Elder Law for 2018! He received this distinction starting back in 2007, and onward from 2009 through 2017 as well.
Everyone can be prone to procrastination sometimes! As a result, inevitably, some elders and their families will not have an opportunity to engage in any Estate Planning (Wills, Powers of Attorney, Living Wills), let alone start any Advance Asset Protection Planning. If you or your loved one is in a nursing home or think that you or they may need to go very soon, you must remember that Asset Protection Planning in a crisis (while not the best scenario at that point) is still available. However, you should be aware that the crisis planning outcome is often not as ideal as when pre-planning is done.
Interested in hearing Robert W. Haley, Certified Elder Law Attorney® speak on the topic of Estate Planning or other elder law-related topics? Be sure to catch him at one or more of his upcoming seminars this year, listed on this page and updated regularly as new dates are added. He or the staff in some cases, will be speaking on various subjects including Medicaid Planning/ Asset Protection and one seminar on one of our larger, growing practice areas: Life Care Planning!
Be sure to register for one of these upcoming seminars: We hope to see you soon!
The ballot is up now for the Danville Register & Bee's Readers' Choice Awards! Getting First Place would mean a great deal to us and we need your help! It only takes a few moments to vote.
Congratulations to Managing Attorney Mr. Haley as we recognize you for being named an AV Preeminent® Attorney for 2018 by Martindale-Hubbell! An AV rating symbolizes an attorney with the highest possible peer review rating in both legal ability and ethical standards.
It's that time of year: The flu is hitting hard for all ages this year and the young, those with weakened immune systems, and the elderly are especially at risk! Complications of the flu can dramatically worsen chronic conditions like Asthma, Diabetes and COPD, just to name a few.
It is crucial to take care of yourself as well as being mindful and considerate of the health of those around you. If you or someone in your family is sick with the flu, the Center for Disease Control (CDC) recommends staying home from school or work at least 24 hours after your fever subsides. Most people are at peak contagiousness in the 3 or 4 days after becoming sick, but the CDC does say you may be able to infect others from a day before to even 7 days AFTER developing symptoms.
Check out this link below for things to look out for:
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