Despite many hopes, COVID-19 is not going away. Over 65-year-olds are more likely to die from it, according to studies. Individuals living in senior living communities, such as independent living, assisted living, memory care, and nursing homes have the highest…
There are many situations where it makes perfect sense to divide assets equally among children. Yet, in some families, each child receiving the same inheritance can be inappropriate, deplete the estate’s assets due to ensuing litigation, or cause other family…
Upon a beneficiary's death, who receives his or her estate? You may be wondering whether if you leave property to your brother Jim, but he dies before you, would his kids inherit the property in his place? The answer is,…
When it comes to inheriting money or property, most parents treat their children equally. But sometimes, parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be that a…
Various states have different laws and regulations regarding wills and trusts, which have different benefits for estate planning. You can have both a will and a trust; however, the information in each should compliment the other. As a standalone, it…
The disposition of your assets in your estate plan may seem unrelated to life insurance at first glance. However, life insurance can be an integral, indispensably important part of a well-thought-out estate plan. There are numerous other benefits to owning a…
We hear this question a lot. You can find out whether you need a trust and, if so, what kind is best for you by reading on. For example, maybe you have a disabled child and you want a trust…
It is one of life's most emotionally taxing events to lose a close relative. Additionally, there is the stress of handling the estate and affairs of the deceased person. This part can be especially overwhelming. The process of proving to a…
Your elder law attorney can optimize your planning if you have a loved one who is aging or if you are concerned about their financial and health well-being. Elder law is a highly specialized area of law focusing on the…
Family ties are crucial in the lives of seniors. Family creates a consistent social network and connection that directly impacts the senior's overall quality of life. Prioritizing family relationships provides continuity as a senior experiences change in their social network.…