by Hougum Law Firm, LLC | May 31, 2017 | Elder Issues, Estate Planning
Irrevocable trusts are often far superior to revocable trusts for many reasons, not the least of which is taxes. However, the big drawback to irrevocable trusts is in the name. They are irrevocable. Once the trust is properly executed, it is supposed to be set in...
by Hougum Law Firm, LLC | May 31, 2017 | Elder Issues, Estate Planning
Have you thought about your legacy? If you ask people what they would most like to be remembered for after they pass away, you are likely to get a lot of different answers. Most people would probably answer that they want to be remembered for something that is...
by Hougum Law Firm, LLC | May 31, 2017 | Elder Law, Estate Planning, Long Term Care, Medicaid Planning
Thinking about the future can be scary as we age. It is understandable that most of us do not want to think about the aging process, let alone our potential need for long-term care. The earlier we are educated about this type of care, however, the better off we will...
by Hougum Law Firm, LLC | May 20, 2017 | Estate Planning
A common belief is that one of the main reasons that people put off estate planning is they are afraid to die. Although most people do not truly think that they will hasten their own deaths by planning for their estates, the superstition is out there. Who is most...
by Hougum Law Firm, LLC | May 20, 2017 | Elder Issues, Elder Law
It can be hard to talk to a senior loved on suffering from dementia or Alzheimer’s Disease. Our clients share with us and we see firsthand, the significant challenges associated with memory loss. We must remember that even if they due not have the ability to...
