How Can I Easily Pass My Home to My Only Child?

January 14, 2021
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Probate and Estate/Trust Administration

I am a single retired parent to an adult daughter, who is an only child. The home I currently reside for the last 26 years still has a mortgage and the deed is in my name only. I have a will that states everything is left to my daughter, and then to my grandson, if she proceeds me in death. Should my daughter be added to the deed?

What are Most Common Side Effects of COVID-19 Vaccines?

While it may take a while for production to ramp up to the point where a vaccine is readily available to the general public, health experts say there is one thing that’s critical for people to understand before they roll up their sleeves for the shots: The vaccines may cause side effects.

Can You Afford a $450 Loss Every Month with Your Social Security?

December 30, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Long-Term Care Planning

Social Security can be a confusing topic but considering that 88% of workers expect to depend on their benefits at least somewhat in retirement, according to a survey from Gallup, it's important to understand as much as possible to maximize your monthly checks.

What are the Biggest Mistakes Women make with Social Security?

December 23, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Long-Term Care Planning, Power of Attorney, Probate and Estate/Trust Administration

Women face unique challenges when planning for retirement and making these mistakes can result in a skimpier retirement.

Do You Know Your Job as Executor, Agent or Trustee?

December 17, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Guardianship, Long-Term Care Planning, Power of Attorney, Probate and Estate/Trust Administration

Has a family member or close friend asked you to serve as their executor, trustee or power of attorney? If you accepted the responsibility, do you know what this entails? Have you been given a copy of the documents you were named under? Do you know when you would begin serving in these roles? These are all important questions to ask or consider.

How Should I Go about Researching Assisted Living Facilities?

December 12, 2020
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Long-Term Care Planning

Your aging mom is finding it harder to do the laundry or cook dinner. Dad is more forgetful, and he really shouldn’t be raking the leaves out in the front yard anymore. The time is coming when your parents are going to need help with daily living. That means you need to start looking for the right place for them to live.

What Debts Must Be Paid after I Die?

December 9, 2020
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Probate and Estate/Trust Administration

If you are concerned about incurring debt after a family member’s death or are worried how your own debt will impact your family, here are some things you should know.

Is Transferring House to Children a Good Idea?

December 8, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Probate and Estate/Trust Administration

Adding an adult child to your house deed, or giving them the home outright, might seem like a smart thing to do. It usually isn’t.

What’s the Difference Between Nursing Homes and Assisted Living?

December 7, 2020
Bill O’Leary, Esq.
Elder Care, Elder Law, Estate Planning, Guardianship, Long-Term Care Planning, Power of Attorney, Probate and Estate/Trust Administration

The time may come when your elderly mother, father or other loved one cannot fully care for himself or herself. The adult children may not have the time or resources to ensure their relative’s health and safety. At that point, it may be time for him or her to move into a residential facility that can provide the care and services needed.

Scottish Actor Sean Connery May Have Had Dementia

Iconic Scottish actor Sean Connery, who has died at the age of 90, suffered from dementia in his final years, his widow Micheline Roquebrune revealed on Sunday.