If you are going to meet with an estate planning attorney, you should prepare ahead of time in order to have a productive discussion. The following include some recommendations that will assist you in preparing for the meeting: 1. Discuss…
Typically our pets have a shorter life span than we do. However, there is a possibility that you could become disabled or die before your pet, if that happens who will take care of your pets when you are no longer able to?
When a family caregiver is providing care for a loved one with Alzheimer’s disease or other forms of dementia it is a tremendous burden, both physically and mentally on the caregiver. The responsibility on the caregiver increases dramatically as the disease progresses. For that reason, it is so important for the caregiver to know that relief is out there. For example, local Alzheimer’s organizations can provide you with information and community support systems and groups.
A trust is an agreement that you have with yourself that sets out the instructions for how your money will be managed both during your lifetime and after your passing. In many cases, individuals will benefit from having a trust, but not everyone needs to have one. However, the more you know about trusts, how they work and what their benefits are, the easier it is to understand if you need one or not. The following are common misconceptions about trusts.
Families hoping to use Medicaid to help pay for long-term care are facing tougher restrictions—though some states are getting stricter than others.
Have you taken the steps to protect what matters in your life? Do you have a Will or a Trust? Do you have Powers of Attorney for Health Care or Property?
A recent report from AARP found that in 2009, there were 42 million unpaid family caregivers in the United States. According to the study, the “average” caregiver is a 49-year-old female who juggles a job and a family of her own while providing 18.4 hours per week of unpaid care.
Often times when a relative dies it is not the financial assets that can break a family apart, it is the little things that cause the most animosity. Recently I read an article about an item that had caused…
When it comes to estate planning, wills and inheritance arrangements, it’s what most people DON’T know or do – celebs and non-celebs alike – that can cause the most harm. Although we don’t like to think of our own death or disability, these are a few lessons from Hollywood and throughout history where a little planning really could have gone a long way.
Digital assets are any file on your computer in a storage drive or website and any online account or membership (John Conner, Texas Tech University School of Law). If you have ever saved a file onto a computer, made an online account, or downloaded a song from iTunes, then you have a digital asset.