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Blog : Elder Law

  • Forgot to Update Your Beneficiary Designations? Your Ex Will Be Delighted

    February 17, 2022

    Your will does not control who inherits all your assets when you die. This is something that many people do not know. Instead, many of your assets will pass by beneficiary designations, says Kiplinger in the article “Beneficiary Designations: 5 Critical Mistakes to Avoid.” The beneficiary designation is the form that you fill out, when opening many different […]

  • You Need a Power of Attorney in Your Estate Plan

    February 17, 2022

    A power of attorney is an important legal document that allows a person, known as the principal, to designate a person of their choice to become their agent, acting on their behalf. This is usually done when the principal is unable to manage their financial affairs due to disability, illness or incapacity. It must be […]

  • How The Ancient Ones Handled Their Estate Planning

    February 17, 2022

    “I love money. I love everything about it. I bought some pretty good stuff. Got me a $300 pair of socks. Got a fur sink. An electric dog polisher. A gasoline powered turtleneck sweater. And, of course, I bought some dumb stuff, too.” Steve Martin. “I made my money the old-fashioned way. I was very […]

  • End of Life Planning for Loved Ones

    February 17, 2022

    It’s definitely an uncomfortable thing to do. However, making funeral arrangements for yourself eliminates a lot of stress and anxiety for the family members, who are left to guess what you may have wanted. This, says the Leesville Daily Leader in the article “Planning for the end of your life” lets you make the decisions. When considering […]

  • How to Help Your Aging Parents Get Financial Benefits

    February 17, 2022

    If you notice your aging parent is struggling financially, you probably want to pitch in and help. Of course, doing so will mean that less money is available to pay your bills and save for your retirement. Your loved one’s money troubles could create economic stress for you and your children. It would be wonderful […]

  • Estate Planning Documents and Medicaid Planning

    February 17, 2022

    The conversation that you have with an estate planning attorney, for Estate Planning Documents and Medicaid Planning when you are in your thirties with a new house, young children, and many years ahead of you is different than the one you’ll have when you are much older, maybe just before you retire. The estate planning […]

  • What the Elder Law Estate Planning Attorney Needs to Know

    February 17, 2022

    “Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one’s taxes. Over and over again the Courts have said that there is nothing sinister in so arranging […]

  • What a Durable Power of Attorney Can Do?

    February 17, 2022

    “Make sure you visualize what you really want, not what someone else wants for you.” Jerry Gillies “No one is useless in this world who lightens the burdens of another.” Charles Dickens Helping aging parents with daily tasks can become a challenge, if the parent has limited mobility. A trip to the bank, for example, […]

  • Estate Planning When A Family Member Is Disabled

    February 17, 2022

    This kind of mistake can wreak havoc on many lives, which is why it is so important to work with an experienced estate planning attorney who is knowledgeable about special needs planning. The article, “Crafting an estate plan to include disabled family members”  from The Ledger explains what is involved in special needs planning. Supplemental […]

  • Dementia and Advanced Directive

    February 17, 2022

    The Roanoke Times advises in the recent article “What to do in absence of advance directive” to talk to an experienced elder care attorney to coordinate the necessary legal issues, when dementia may be at issue with a parent or other loved one. Next, ask your physician for a geriatric evaluation consultation for your loved […]

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