Every adult should know the value of estate planning. However, not everyone makes a plan, either because they don't know what to do or they think they don't need one. And common misconceptions about not needing an estate plan until you're older or sick keep people...
One goal many people have regarding their lifestyle and care needs as they age is to stay in the comfort of their homes as long as possible. If this is something you wish to do, it is crucial to consider the cost of receiving care in your home. And it is not just the...
Making personal or medical decisions on someone else's behalf is not a precise science; people have different perspectives and opinions about what is in another person's best interests, which can lead to conflicts. Thus, it can be crucial to know how to resolve...
When you are ready to make a will, you should feel confident that it reflects your wishes and will be enforceable. Unfortunately, too many people think they have this type of will, but issues arise after their death, and loved ones wind up fighting each other or the...
If you are looking into nursing home care for yourself or a parent, you likely have a list of priorities. You may focus on cost, location and the services provided above all else. You also should feel confident that the priorities of a facility align with yours. For...
If you are on the fence about creating an estate plan because you are unsure whether you need one, you might want to think about the experience your loved ones might have if you do not have one. Because as much as an estate plan can protect your wishes, it can also...
Determining that someone is incapacitated is not always a precise process. Indeed, there are situations where a specific event or injury triggers severe mental or psychological issues that prevent a person from making decisions. But in many cases, the transition into...
Authorizing someone to make decisionson your behalf if you become incapacitated or pass away is a crucial component of an estate plan. When you give someone these responsibilities, you can prevent confusion and conflicts during tumultuous times. When creating an...
Making financial decisions for other people is not a responsibility to take lightly. And in some cases, it proves to be a burden that overwhelms individuals and leads to some missteps. These mistakes can have costly ramifications for the fiduciary who makes them and...
Too many cases of elderly financial abuse involve someone close to the victim. It could be a guardian, a caretaker or a loved one using their proximity to the person to take advantage of them. However, older adults can fall victim to financial abuse and scams without...