It can raise a lot of questions when a family member or friend invites you to be the personal representative of their will. They may assume that you are responsible, organized and capable of handling the fiduciary responsibility of managing their estate. This is an honor, but this is also a great deal of work…. Read More »
Monthly Archives: June 2022
What Are the Most Important Planning Steps For Someone With Alzheimer’s To Take?
Legally there are many important issues to be considered when a loved one develops Alzheimer’s. If proper estate and long-term care planning have not already been completed, these should come to the top of the priority list. It is very normal for family members to feel overwhelmed by all of the aspects of legal planning,… Read More »
When Is Aging in Place the Right Fit for Your Elderly Loved One?
If you are helping an older parent or other elderly family member make decisions about their care, it’s very likely that they want to remain as independent as possible for as long as possible. Advantages of Aging in Place This is known as aging in place and means thinking carefully about whether or not leaving… Read More »
Elements That Every Young Adult Needs In Their Estate Plan
Estate planning is a vital process that every individual should undergo, regardless of their age or financial status. It’s a common misconception among young adults that they don’t need to worry about estate planning until they’re older or have acquired substantial assets. However, the truth is that everyone needs an estate plan, including young adults…. Read More »
What To Do If You Cannot Afford Out of Pocket Services for A Special Needs Child?
A special needs child will eventually grow up, but may still rely on important government programs and other forms of assistance to survive and thrive. Someone who has severe impairments may incur significant costs for health care, upwards of $100,000 per year. Understanding Special Needs Trusts Depending on the level of a person’s impairment, many… Read More »