A Last Will and Testament is necessary to pass your property to your heirs when you die. However, you probably do not know that a Last Will and Testament is an important tool to help a surviving spouse pay for their long term care. It is so important I would go so far as to say it is required. Here’s why. [Read more…]
Powers of Attorney are different than a Last Will and Testament because a Power of Attorney allows a third person to handle your finances or health care while you are still alive. A Last Will and Testament, on the other hand, [Read more…]
A Power of Attorney is an essential document.
One common misconception about powers of attorney –
The terms of a will are a touchy subject for children of parents who have chosen, for one reason or another, to leave them out. [Read more…]
One dilemma my clients face is level of care. By that I mean, finding an appropriate care community that is meets all of their needs for life. One solution is a CCRC, i.e., “Continuing Care Retirement Community”> [Read more…]
Chief Justice Warren Burger died without an estate plan. He had a Will but not a plan. What is the difference between a Will and a Plan? [Read more…]
In the first segment, Darol described the modern trend of adult children providing care for aged parents. The stress is sometimes overwhelming [Read more…]
The U.S. Supreme Court delivered a historic decision in U.S. v. Windsor, 570 U.S. ___ (2013) that could have far-reaching effects on seniors, persons with disabilities, and veterans who are married to, or plan to marry, a person of the same gender.
Overview of U.S. v. Windsor: [Read more…]
Estate Planning strives to achieve just one result: pass assets from a person who has died to a living heir. This makes sense. The law is based on precedent, i.e., what happened in the past. It is not flexible. It is not innovative. In the early 1900s, life expectancy for a male in America was 47.9 years. [Read more…]
Veterans who have incurred or aggravated an injury, illness or disability from military service are entitled to compensation. The Department of Veterans Affairs is responsible for administering this benefit. One such injury is not an injury of the body. Rather, it is a non-physical injury called “Post Traumatic Stress Disorder.” [Read more…]