Winter 2018                                                                                                               Like us on Facebook Follow us on Twitter View our profile on LinkedIn
 

Dear Friends,

On behalf of the attorneys and staff of Carrell Blanton Ferris & Associates, I'd like to wish you all a happy holiday season and a joyous New Year. We hope that your shopping is complete and you have time to relax with your loved ones over the next few weeks.

Veterans Day was a little more than a month ago, so we hope that you will take a few minutes to read the following article on recent changes to the Veterans Aid and Attendance Benefit. If you (or your loved one) is a Veteran and worried about the costs of a nursing home, you may qualify for assistance through the Department of Veterans Affairs.

Happy reading!
  804-285-7900
Paying for Long-Term Care for Veterans

 Assisted living facilities and nursing homes have become astonishingly expensive.  If you are a veteran and struggling to plan for how to pay for long-term care costs without spending all of your hard earned money, you may qualify for a relatively unknown benefit called Aid and Attendance.  Aid and Attendance provides supplemental income and/or assistance with the cost of nursing homes and assisted living facilities if you meet strict eligibility rules. 

Unfortunately, the eligibility rules for Aid and Attendance are complicated.  The good news is we are here to assist.  If you believe Aid and Attendance might be right for you or your loved one, we suggest meeting with one of our Elder Law attorneys to discuss whether you are eligible for Aid and Attendance, whether Aid and Attendance is right for you, and how to plan so that you can be eligible in the future without spending down all of your assets.

Listen to us on Raising the Bar!

We've recently been interviewed by Raising the Bar Law Talk Radio Show! We've answered listener's questions all about Estate Planning and Trust & Estate Administration. Like us on Facebook to be notified when we go live again!

Click  here to listen to Jeremy Pryor's interview or
click  here to listen to Stephen Watson's interview!


Estate Planning Seminars

We offer free educational seminars on the importance of estate planning throughout the month. We'd love to see your friends and family there! 


Do you belong to a community organization that would benefit from the same presentation? Contact us today!

 

LEGACY FIDUCIARY SERVICES, PLC

 

Are you struggling with whom to name as your Successor Trustee?


Perhaps you're concerned about whether any of your family members can handle all of the duties and responsibilities of administering your trust when you die. Or, perhaps you want to lift this burden from their shoulders altogether. 

Legacy Fiduciary Services, PLC (LFS) may be the solution. LFS was established by Carrell Blanton Ferris & Associates, PLC to serve as trustee of trusts created and governed pursuant to the laws of Virginia. LFS attorneys are experienced fiduciaries who are dedicated to ensuring that your careful planning will be implemented. We make it our job to stay current with changing trust laws and regulations, and will work closely with your financial advisor to help ensure that the needs of your loved ones will be met after your passing. For more information click here .
 
Please note: LFS does not manage the investment of trust assets but works with your financial advisor, who continues to manage your assets while we administer your trust. 

 
We

We would like to acknowledge Advisors Forum and WealthCounsel, LLC for their contribution to material included in this newsletter.  The contents of this publication are for informational purposes only. Neither this publication nor the lawyers who authored it are rendering legal or other professional advice or opinions on specific facts or matters, nor does the distribution of this publication to any person constitute the establishment of an attorney-client relationship. Carrell Blanton Ferris & Associates, PLC assumes no liability in connection with the use of this publication.
© Carrell Blanton Ferris & Associates, PLC

 

CIRCULAR 230 DISCLOSURE:

U.S. Treasury Department Regulations require that we advise you that unless otherwise expressly indicated, any federal tax advice contained herein is not intended or written to be used, and may not be used, for the purpose of (i) avoiding tax related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax related matters addressed herein.

 

Carrell Blanton Ferris & Associates, PLC