This article examines the deaths of two people who died from doing very typical things. You never know what risks might be around the corner, even in seemingly safe endeavors, so you should be prepared. The article looks at the elements of a basic plan. You Never Know: Planning for the Unexpected … [Read more...] about You Never Know: Planning for the Unexpected
Nobody wants incapacity, not for yourself and not for your loved ones. But planning for that possibility can avoid complications and increase options. The article discusses the elements of incapacity planning and the need for flexibility to do Medicaid planning. It discusses how a trust with Medicaid triggers can allow that. Incapacity Planning … [Read more...] about Incapacity Planning
Holistic long-term planning is not simply a matter of hastily committing your final wishes to writing. There are a lot of things to consider with regard to the eventualities of aging, and when you look at the statistics careful planning is necessary if you want to be prepared. You may not be aware of the fact that the oldest old, people 85 years of age and up, are the fastest growing age group in the country. Of course life is good, but there are some potential challenges that go along with … [Read more...] about Incapacity Planning Is an Important Component
Planning for the inevitability of your passing is something to take seriously, and far too many people procrastinate until it is too late. You have no guarantees with regard to your future and people of all ages leave the house without coming home each and every day. When you do not plan ahead proactively it is your family members who would be left behind to deal with the aftermath, and this should be motivation enough for you to take action. The above having been emphasized it really doesn't … [Read more...] about What is a “Durable” Power of Attorney?
Elder law attorneys help people plan ahead for the eventualities of aging and some of the challenges that seniors may face. One of these is possible exposure to elder financial abuse. This is a very complicated situation. When you think about financial abuse of elders you may picture a scam artist somehow fast talking a senior citizen out of money. This of course does take place, and it is part of the problem. However, studies are showing that a significant percentage of the elder abuse that … [Read more...] about Elders Must Watch Their Money