When making considerations for your estate plan, do not forget to designate a guardian. This often overlooked but incredibly important aspect of planning will benefit you in the event of a major illness or injury. Why you need one Life’s unpredictability means most...
Year: 2021
Dehydration may be an early indicator of elder abuse
If you do not have the time or skill necessary to care for an elderly parent, you may decide to move him or her into a nursing home or ask an in-home caregiver to assist. Either way, you expect your parent to receive the care he or she needs to thrive. Elder abuse is...
How can you reduce estate taxes?
The estate tax is a duty the government levies against the net value of your possessions and interests at the time of your death. If you have beneficiaries, they will receive the portion of your estate that remains after the collection of death taxes. Estate taxes in...
What benefits are available to elderly veterans?
Few things are more honorable than serving your country during a time of conflict. While you probably did not enlist to secure benefits, certain benefits are available to you. As you age, taking advantage of these benefits may help you better manage age-related...
Why you should take a team approach to estate planning
If you have considered a do-it-yourself approach to estate planning, you may want to weigh the benefits of professional assistance. While fill-in-the-blank wills and websites cover the basics, they likely do not account for all the particulars of your family and...
What issues can you encounter with a guardianship application?
You may have a loved one who has serious mental or physical health issues. In this situation, you may wish to take over their personal and financial matters to ensure they receive proper care by establishing guardianship. The National Guardianship Association...
Choosing a qualified health care surrogate
Living wills and advance directives allow you to give medical providers and family members specific instructions about the types of end-of-life-care you are willing to undergo. However, you may also want to designate a health care surrogate who can help with medical...