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Gray Divorces Changing the Future for Many Senior Americans
Rising divorce rates among Americans over the age of 50 are causing more conflict in estate planning, new data shows.
Special Needs Guardianship Can Be a Challenge
Guardianship can be a challenging topic for many families. Guardianship needs to be separated into two distinct time periods: while parents are still alive and after parents die.
Estate Planning Checklist, Especially for Procrastinators
Nobody likes to think about dying. However, it happens whether we prepare for it or not. If you don’t do some advance planning, it can cause even more longer lasting pain and grief, not to mention money and strained relations for your loved ones.
Common Myths about Your Estate When You Die
Regardless of whether the law makes sense to us, we are all required to abide by it.
Avoiding Probate with a Trust
In other words, family members who are not named to inherit anything in the will may still see the list of all of the assets. If you don’t want that result, you can avoid it by establishing a trust.
Caring for Parents – 4 Alternatives to Nursing Home Care
While in-home care can be less expensive than a semi-or private-unit in a nursing home, it does have its downsides. This is particularly true, when it is a family member that is providing care.
Q & A – Medicaid for Nursing Home Care
To qualify, your monthly income must be less than the Medicaid rate for nursing home care, plus your typical monthly healthcare expenses.
Why Won’t Caregivers Honor a Dementia Patient’s Advanced Directive?
When she worked on the trading floor of the Chicago Board Options Exchange, long before cellphone calculators, Susan Saran could perform complex math problems in her head. Years later, as one of its top regulators, she was in charge of investigating insider trading deals. Today, she struggles to remember multiplication tables.
Fixing an Estate Plan Mistake
Sometimes, despite best intentions and best efforts, an estate plan leaves unintended problems for heirs, trustees and others to solve. For example, a trust may have become outdated because of changes in tax laws, the birth or death of family members, or special circumstances like an heir’s disability.
Will New Tool Help Dementia Patients and Their Doctors?
Long-term care providers could soon have access to a newly developed tool that can accurately predict the life expectancy of dementia patients.