The financial worries that come with aging are a common concern for many West Virginia families. While a reverse mortgage might sound like a solution to unlock the equity in your home for long-term care needs, it’s a complex tool with both benefits and significant risks. The decision to use a reverse mortgage for medical […]
As we age, the idea of slowing down often takes hold, yet many West Virginians are doing the exact opposite—they are innovating, creating, and inventing later in life. Whether it’s an artist refining their craft, a retired engineer developing a new patent, or an author finally writing their memoir, seniors are building legacies that extend […]
Navigating the complexities of Medicaid and long-term care planning in West Virginia is a significant challenge for any family, but it presents a unique set of considerations when a loved one has an intellectual or developmental disability (IDD). In West Virginia, the financial rules for government assistance are strict, and a misstep can have a […]
For many West Virginia seniors, the thought of leaving the home where they raised their family, celebrated holidays, and built a life is unimaginable. The desire to “age in place”—to live independently and comfortably in one’s own residence for as long as possible—is a deeply held goal. However, this desire often collides with the practical […]
The world of assets is no longer confined to bank accounts, real estate, and stock portfolios. A new class of digital property, from Bitcoin and Ethereum to countless other tokens, has emerged, creating significant wealth and novel challenges for individuals planning for their future. For West Virginians, the intersection of this decentralized digital finance with […]
For many West Virginia families, the prospect of needing long-term care for an aging loved one brings a wave of emotional and financial concerns. The cost of nursing home or in-home care can be substantial, quickly depleting a lifetime of savings. This financial pressure often leads families to Medicaid, the primary payer for long-term care […]
Life is unpredictable. While we often plan for major milestones, we sometimes overlook the possibility of unforeseen circumstances that could leave us unable to make decisions for ourselves. This is where diligent planning for incapacity becomes important. For senior entrepreneurs and other individuals, having a robust strategy that includes powers of attorney and guardianship provisions […]
Senior real estate investors face a unique set of challenges when it comes to Medicaid planning, primarily due to the complexities of owning multiple properties. While conventional Medicaid strategies often focus on a primary residence and limited assets, the intricacies of investment properties, rental income, and business structures demand a more nuanced approach. Proactive and […]
Divorce at any age presents significant challenges, but for those navigating the dissolution of a long-term marriage later in life—often termed a “gray divorce”—the complexities are compounded, particularly when it comes to safeguarding wealth and ensuring a legacy. The intersection of divorce settlements and existing estate plans creates a labyrinth of legal and financial considerations […]
What is guardianship in West Virginia? Witnessing the effects of a Traumatic Brain Injury (TBI) on an older loved one presents profound emotional and practical difficulties. Seniors are particularly vulnerable to TBIs, often resulting from falls or accidents, and the consequences can significantly alter their lives. A TBI can impair cognitive functions, affect decision-making abilities, […]
