I Have a Will, Do I Need an Estate Plan Too? 50% of American adults have written a will, and a significant amount of these individuals believe this means they don’t need an estate plan. Although this belief is untrue, it may be the leading reason why only 33% of US adults have an estate […]
Caregiving is a selfless duty that offers fulfillment and exhaustion all at once. While many find gratification in caring for others, they must tend to their own lives and responsibilities. Because of this, caregivers typically experience some extent of burnout. To avoid burnout, it is critical for all caregivers to remember to take care of […]
The futures of children with special needs are at risk because of the unique challenges and opportunities they face. There is no need to disinherit your special needs child for benefit protection. Appropriate medical, educational, recreational, and employment opportunities for your special needs child can result in a lifetime of pursuing public and private programs […]
The Role of the Executor An executor is someone chosen to handle an estate’s assets and affairs after the death of the deceased because they believed you would be trustworthy to do so. Even though the decedent nominated you to be their executor, you will still need to be appointed to that role by their […]
AdditioNot knowing government programs for seniors and inflationary pressures are leading to financial insecurity for many US seniors. Besides reducing unnecessary expenses, many retirees or near-retirees should consider contacting the government to see if they qualify for assistance. It can reduce the anxiety many Americans feel living on a fixed income. Government Programs for Seniors […]
Getting to Know Probate You can minimize or avoid probate entirely by getting to know probate and working with an estate planning attorney. Probate proceedings are part of the public record and can be very time-consuming and expensive. However, in nearly every case, some probate is necessary, so it is important to understand how to […]
Essential legal documents for those who wish to protect their families and themselves should develop an estate plan. Making sound decisions regarding finances and healthcare can become challenging as you age due to diminished mental capacity or declining health. Putting these five must-have essential legal documents in place before life becomes too difficult to handle […]
We help seniors avoid loneliness by creating a goal to live a long and healthy life. Senior citizens are admired for their wisdom and knowledge. However, their long life often comes with the grief of outliving their spouses, friends, and sometimes their children. As a result, if they can’t maintain and make new meaningful connections […]
Revise Your Estate Planning It is usually a difficult emotional experience to go through a divorce (especially if children are involved) along with a difficult financial outcome. While your estate plan may be the furthest thing from your mind during a divorce, without updating your documents, your ex-spouse may receive assets in ways you neither […]
The improvement in medical care and healthier lifestyles are making people live longer. Because of this, more of us will need some form of long-term care in our later years. As a result, the cost of long-term care has been rising. Wharton estimates nursing home costs will increase by 4.7% and home health care by 6.9% […]
