Care Costs Continue to Escalate

A crisis in care for the aging population is unfolding. According to the Genworth annual survey of care costs, private room nursing home care in Maryland hovers around $120,000 per year with an annual growth rate of about 5%. Assisted living facility costs exceed $60,000 per year and in home care hovers around $50,000 per […]

Special Needs Trusts And Home Ownership: A Trustee’s Concerns

One of the most challenging responsibilities of a trustee of a special needs trust is balancing the benefits of purchasing a handicap-modified house for a beneficiary with the financial pressures of a steadily decreasing trust balance and steadily increasing household expenses. I am the trustee of a special needs trust established for an adult woman […]

Maryland Medicaid Annuity

Sam and Mollie are in a crisis. Their cash is running low. Sam broke his hip and after repeated surgeries and setbacks, he can no longer live independently. The discharge nurse at the hospital meets with the family to explain the choices. Sam’s needs are not the only ones to consider. Mollie needs funds to […]

Best Law Firms: 2011-2012

We are pleased to announce that Evan J. Krame received recognition in the 2011 – 2012 U.S.News – Best Lawyers® “Best Law Firms” rankings. Download the press release here: BLF-press-release-2011-2012

Proposed Revisions to the D.C. Code

The District of Columbia does not have a law governing the creation and administration of Special Needs Trusts. Evan Krame and others have served on an ad hoc committee to draft such legislation as well as to revise the guardianship laws for D.C. Click here to read more.

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