Ohio NAELA News

Welcome to the news blog of the National Academy of Elder Law Attorneys Ohio Chapter. Here we share news related to Elder Law, Estate Planning, Probate and Special Needs Planning, Veterans Benefits and more — for the benefit of our Chapter members, and the general public seeking more information about Elder Law.

Long-term care insurance: Deciding when, or whether, to buy can be complex

Long-term care insurance: Deciding when, or whether, to buy can be complex

From the New York Times— By Jordan Rau —  If you’re wealthy, you’ll be able to afford help in your home or care in an assisted-living facility or a nursing home. If you’re poor, you can turn to Medicaid for nursing homes or aides at home. But if you’re middle class,...

What assets should not be placed in a revocable trust?

What assets should not be placed in a revocable trust?

From Kiplinger — By Kris Maksimovich —  A revocable living trust is an instrument created for the purpose of protecting your assets during your lifetime. It also creates an avenue to pass your assets with ease after your death. But what assets can go into a trust, and...

Here’s the 2025 COLA increase for Social Security recipients

Here’s the 2025 COLA increase for Social Security recipients

From CBS News — By Aimee Picchi —  The Social Security Administration set its 2025 COLA (cost-of-living adjustment) at 2.5%, the smallest annual COLA hike since 2021. Although inflation has eased from its pandemic-era heights, some advocates for older Americans say...

Estate planning for couples with significant age differences

Estate planning for couples with significant age differences

From Next Avenue — By Rachel Leland —  Relationships with significant age gaps come with unique rewards and challenges, especially for these "May-December" couples discussing how to manage their estate later in life. When a married couple has a significant age gap,...

Let senior living show its value via data, speakers say

Let senior living show its value via data, speakers say

From McKnight's Senior Living — By Kimberly  Bonvissuto —  WASHINGTON, DC — The senior living industry is at a critical juncture, making now the moment in time to address improvements in quality, equity and resident outcomes, according to experts speaking Monday,...

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