Posts by Alec Prentice, P.A.
Asset Protection From A Nursing Home Spend Down
Asset Protection From A Nursing Home Spend Down The Cost of Long-Term Care So what happens to a person’s life savings if she lands herself in a Nursing Home, also known as a Skilled Nursing Facility (“SNF”)? What if she finds herself in an Assisted Living Facility (“ALF”) or needs In-Home Care – how much…
Read MoreWhat Is Guardianship & Incapacity Planning?
What Is Guardianship & Incapacity Planning? After I explain the “ins” & “outs” of what Guardianship entails to my clients; most, if not all of them want to avoid it. Guardianship strikes infinitely more fear in my clients than does Probate – BY FAR. So what is Guardianship? For purposes of Elder Law, it is…
Read MoreWhat Is Probate? And Why Do I Want To Avoid It & How?
What Is Probate? And Why Do I Want To Avoid It & How? Some would call Probate title court. And that’s not too far off. In essence, Probate is the Circuit Court process of transferring a decedent’s assets to such a decedent’s loved ones most often times through a Last Will & Testament (also called…
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