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Answers to the most commonly asked questions about The Elrod Firm

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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Asset Protection

It’s Too Late to Plan. Now What?

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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Guardianship

What Can I Do as Power of Attorney?

Justin, My father named me as his power of attorney several years ago. He has always managed his own business, but recently he hasn’t taken ...
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Long-Term Care Planning

Is there a difference between Medicare and Medicaid?

Justin, My mother’s physician is recommending that she go to a nursing home because of her declining mental health. My friend went through a similar ...
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Estate Planning

How can I change my deed?

Justin, Five years ago, I used a life estate deed to sign my home over to my three children to keep it out of probate ...
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Long-Term Care Planning

Is there a Veterans Benefit to help pay for Assisted Living?

Justin, my father is about to be released from the hospital and will be going to inpatient rehab later this week. Because of his dementia ...
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Asset Protection

What if I do nothing?

Justin, I’ve read several articles and even heard a couple of presentations on the importance of estate planning, but I really don’t have that much. ...
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