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Answers to the most commonly asked questions about The Elrod Firm
Asset Protection
How do we plan in a second marriage?
Justin, My wife and I both have children from a prior marriage. When one of us dies, we want to make sure that the survivor ...
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Asset Protection
What To Do With Income Too High For VA Benefits?
Justin, I am a wartime veteran living in assisted living. I heard you speak on the VA Aid and Attendance benefit several months ago, so ...
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Asset Protection
Why Do I Need Power of Attorney?
Justin, my spouse and I own everything jointly. Why would we need Financial Power of Attorney documents
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Estate Planning
Is my old plan still good?
Justin, my wife and I set up our estate plan when our kids were little to make sure they were taken care of in case ...
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Medicaid Benefits
How does Medicaid treat Jointly-Owned Property?
Justin, I am caregiver for my elderly mother. Several years ago, she added me to the deed on her home, she also added me as ...
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Guardianship
How do you make a power of attorney invalid?
Justin, last month my mom’s doctor wrote a letter saying she is incompetent, but my sister had her sign a power of attorney last week. ...
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Long-Term Care Planning
Do We Really Owe $22,500?
Justin, I need help. I placed my father in a nursing home about six months ago. The first month was covered by Medicare. After that, ...
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Estate Planning
Do I Need to Contact the VA?
Justin, my dad applied for and is now receiving the Aid and Attendance benefit through the VA. When he applied, he was living at home ...
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Asset Protection
Can I just add co-owners or death beneficiaries to avoid probate court?
Justin, I’ve heard about trusts and avoiding probate, but why can’t I just add my children as co-owners or death beneficiaries on my assets? Wouldn’t ...
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Asset Protection
It’s Too Late to Plan. Now What? (Part 2)
Justin, I have talked to my mother for years about signing a will and power of attorney documents, but she was never interested in thinking ...
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