American consumers are seeking affordable long-term support services at a higher rate than before. Costs are exorbitantly expensive whether you struggle to pay premiums for a long-term care insurance policy or monthly bills from a nursing home. The US Department…
Parents of children with mental/physical disabilities and elderly people can benefit from the use of third-party special needs trusts or supplemental needs trusts as estate planning tools. This type of trust will receive assets from you or another benefactor expressly for…
Life’s biggest challenge is facing our own death. Yet it is very important to think carefully about the medical treatment we would want for that challenging time. Medical technology can now keep us alive long after we have ceased to…
Powers of attorney are designed to authorize trusted individuals to make decisions or handle transactions on your behalf. They could be related to personal finances, business operations, or medical needs and used for a single immediate purpose or an ongoing situation.…
As you plan for any future situation where you may become incapacitated and require someone to manage your affairs for you, power of attorney can be an extremely useful tool. These legal documents can grant broad authority to one or…
An elder law attorney can help you plan for the future, whether you have an older adult loved one or are concerned about your own financial health and well-being. Elder law is a highly specialized area of law focusing on…
In many cases, your home is your most valuable asset. You want your children to inherit that value when you pass. However, you are also concerned about planning for the future, declining health, and the potential need for expensive long-term…
Regardless of whether you need to appoint someone to be your own estate's executor or whether you are chosen as the executor of someone else’s estate, you need to think about the complexity of the task and the order in…
Enabling the Disabled Let’s take a look at planning for disabled people so they can live their best lives. Family money can be carefully managed to fit the disability-benefit rules and still provide additional perks for the disabled person to…
A comprehensive estate plan is vital to achieve a successful transfer of wealth to your loved ones. However, many of us often overlook the crucial part of communicating our estate plan to family and heirs. Even with a thorough and…
