Elder Law Estate Planning for the Future
You make things easier for the children, by planning for the possibility of a nursing home stay because you take the burden off the children to make crisis decisions for your long-term care costs.
Why You Need a Power of Attorney in Your Estate Plan
A power of attorney is a way for you to designate a person of your choice to make decisions for you.
Do You Need a Power of Attorney When Diagnosed with a Serious Illness?
If you or a loved one is living with a chronic disease, such as Parkinson’s, multiple sclerosis, or Alzheimer’s, your estate planning likely should reflect that challenge.
Why is an Advance Directive so Important with Dementia?
When it comes to the prospect of dementia, advance directives are critical because the disease is progressive.
Can I Create a Power of Attorney without Giving Up Control?
Disability can strike suddenly and is one of the reasons appointing an agent on your behalf to act when you cannot, is so important.
Does Estate Planning Include Your Account Passwords?
Estate administration in the digital age requires having a strategy to share passwords to your computer, email and online accounts. Without that, things quickly get complicated.
What a Durable Power of Attorney Can Do
In some cases, the parent may have only nominal limitations. In others, a parent may be fully incapacitated. A parent may be mentally capable of handling any situation and physically capable of handling most.
When Do I Need a Revocable Trust?
The Last Will and Testament plays an essential role in estate planning and without question everybody should have one.
Why Is a Revocable Trust So Valuable in Estate Planning?
Trusts are one of the most versatile items of the financial planning toolkit. However, they are not just for rich people. With the new higher estate tax exemptions, avoiding or reducing estate tax is not a concern for most of us.
How Can I Goof Up My Estate Plan?
Even a small mistake can create huge problems during the settlement process, and in many cases, these errors are impossible for anyone to correct.