This common question is one that comes up because most people wait until they are much older to create a will. But creating a will now can help you and your loved ones in the event that the worst happens. No one wants to contemplate their own mortality but any person aged 18 or older… Read More »
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Giving Someone Else Decision-Making Power Over Your Future
Failing to plan is planning to fail, the old adage says, and unfortunately far too many people learn about the failures of their estate planning when it’s too late. By choosing not to make a decision you are essentially outsourcing the decision making process to others, particularly the government. If you don’t make decisions about… Read More »
The Difference Between Pre-Planning and Crisis Planning for Medicaid
Without outside support, it would be difficult or impossible for most people to afford paying for a nursing home out of pocket. Some people mistakenly think Medicare will pick up the bill and others are hoping that Medicaid benefits will kick in quickly. The truth is that you have options to plan well in advance… Read More »
What Makes Elder Law Different?
If you are concerned with the financial or health welfare of an older adult in your life or are interested in protecting this for yourself, you may need the services of an elder law attorney. Elder law is a focused area of the law that is specifically related to the legal needs of older adults…. Read More »
What Is the Role of a Trustor?
The creation of a trust can help you provide further privacy to your estate planning strategy and give you more flexibility and control. These can help your family also avoid the probate process which can be lengthy and confusing. There are many different terms that come up in the process of creating a trust and… Read More »
What Dementia Caregivers Should Know About Burnout
When your family member is diagnosed with dementia, there are many considerations and questions that must be answered as soon as possible. When immediate nursing care in the home or elsewhere isn’t an option, it’s family caregivers who fill the gap for dementia patients. Providing care for a loved one is an overwhelming experience no… Read More »
How to Know When Someone Needs a Nursing Home
As a family member, one of the most difficult decisions you can ever make is when to place a loved one in a nursing home. This is because it’s very hard to remove someone’s independence from their life, and it’s especially challenging when you and this other person don’t agree that a nursing home is… Read More »
What Final Bills Will Get Paid Out of My Probate Estate?
One of the most important steps that happens after a personal representative is appointed to your case, is the determination of date of death values. All assets that you owned inside your probate estate must be valued so that they can be liquidated to raise cash, to pay for debt taxes, debts, and expenses. It… Read More »
How to Do an Estate Planning Checkup
An estate planning checkup is your opportunity to review your life circumstances and the existing strategies and documents you’ve pulled together to protect your interests while you’re alive and your assets after you pass away. Estate planning is essential to ensure that everything you have worked so hard to obtain and protect over your lifetime… Read More »
10 Goals You Can Achieve with the Process of Estate Planning
Estate plans do not fit a general rule of one-size-fits-all. Your goals will influence what kind of estate planning documents you’ll need. If you have children, for example, you’ll want to be sure to appoint a guardian and conservator. If you want to maintain control over assets after you pass, then you will want to… Read More »