Many people use the terms Alzheimer's disease and dementia interchangeably, but they have very different meanings. . .Read more
- June 23rd, 2006
Edward D. Beasley and David H. Ferber. Alzheimer's Disease "Fighting for Financial Survival" . Concord, N.H., Beasley & Ferber, PA, 2000. 135 pages.
$24.95 from publisher (click on book to order)
Two ElderLawAnswers member attorneys, Edward Beasley and David Ferber, have written an easy-to-understand guide to financial planning for Alzheimer's patients. Though aimed at Alzheimer's patients and their families, Fighting for Financial Survival is applicable to anyone entering a nursing home. The book clearly explains some of the basic financial and legal issues involved when someone is diagnosed with Alzheimer's disease, in particular how to protect assets in case of a nursing home stay.
Chapters explain how to use basic estate planning, how Medicaid works, and how to do Medicaid planning. The authors' use of case studies and examples helps to break down and simplify the issues.
Beasley and Ferber provide advice on what to do if the patient is already in the nursing home, stressing the importance of proper gifting, which can shelter half of the patient's assets, and explaining how to use annuities to shelter 100 percent of assets (a strategy that is not applicable in all states). There is also a chapter on planning before a nursing home stay, revealing why outright gifts to children should not be a part of Medicaid planning.
The book also has an extensive list of Alzheimer's Association Chapters across the United States.
Local Elder Law Attorneys in Ashburn, VA
The Law Firm of Evan H. Farr, P.C.
In practice since 1987, Fairfax Attorney Evan Farr is widely recognized as one of the leading Elder Law, Estate Planning, and Specials Needs attorneys in Virginia and one of foremost experts in the Country in the field of Medicaid Asset Protection and related Trusts. Evan Farr has been quoted or cited as an expert by n...
Ron M. Landsman, P.A.
Ron M. Landsman has been practicing elder law since 1983, before it was known as elder law, originally with Landsman and Laster, Washington, D.C., then Landsman, Eakes and Laster, also in Arlington, VA, and since 1990 in his own practice in Montgomery County, Maryland. He has been among the most active members of the...
Felinton Elder Law & Estate Planning Centers
Mindy Felinton concentrates in the areas of Medicaid planning, Veterans' Benefits, asset protection, nursing home planning, elder law, wills, estate planning, trusts, living wills, powers of attorney, probate administration and trust administration and began her legal career 30 years ago as an Assistant State Attorney...