The loss of a spouse is an emotionally challenging time. Naturally, the thought of estate planning in the wake of such loss, can be overwhelming. However, it’s important to acknowledge that estate planning is a vital step to help ensure the security and well-being of...
Estate planning is something that all adults need to handle, but it’s often put off because it’s not really a pleasant task. One of the biggest errors you can make is avoiding estate planning because that takes away your chance to make your wishes known and can make...
For many seniors, Medicaid can be a vital resource that can help them cover the high costs of long-term care. However, Medicaid has complex eligibility rules, which can be overwhelming. The application process is laden with nuances that, if misunderstood, may lead to...
Updating an estate plan occasionally is necessary to ensure its validity. Many people make a point of reviewing and updating their documents every few years. They may also need to take immediate action when there are significant changes in their circumstances. The...
An estate plan gives a testator drafting documents a chance to protect themselves and their loved ones. They can also establish a legacy that can affect how other people remember them after their death. Many people prioritize providing for their spouses and children...
Medicaid can be a crucial benefit for adults in their golden years. Medicare does not provide long-term care coverage in the way people might expect. Those who require a room in a nursing home or who must spend more than a month at a rehab facility may find that...
For some people, estate planning is synonymous with drafting a will. Wills are certainly important documents that help protect dependents, establish a beneficiary's right of inheritance and allow a testator to choose the personal representative of their estate....
Probate court helps to ensure that families follow an estate plan created by a testator. They can also help families manage the distribution of resources when an individual dies without an estate plan. The probate courts provide oversight and also create an...
Many people don’t realize just how many accumulated assets they have until they develop their estate plan. Between real estate, retirement accounts, investments, etc. personal wealth can add up to millions of dollars. That’s not counting inheritances, which may...
Guardianship can provide essential legal protections for an adult with special needs. Establishing a strong guardianship plan helps ensure the individual receives proper care, financial management, and support throughout their life. Here are the key steps to create an...
