Monthly Archives: July 2017
Using a Trust to Protect Assets and Paying for Nursing Home Care
The autonomy individuals enjoy as adults is easy to take for granted, but if someone is concerned about retaining control over their life and living situation into their later years, advanced asset protection planning is needed. Finances are a concern for almost everyone, and making sure there is enough money to cover medical and… Read More »
Ways to Maximize an Estate Plan
Setting up an effective estate plan is a common concern people have, especially as they get older. But the need to plan is at least as important for younger persons with children. Understandably, people want to preserve some portion of their property to help those who matter most to them. Certainly, a primary purpose… Read More »
Avoiding the Pitfalls of the Appointment of a Professional Guardian
No one knows when an accident, illness or age-related decline may impair one’s ability to manage daily life. Seniors are especially cognizant of the need to prepare for this possibility. A Guardianship is the standard legal procedure to transfer authority over a person’s personal or financial affairs when the individual no longer has the… Read More »
Planning for Long-Term Nursing Home Care
As people age, many face the realization that a time may come when they will no longer be able to care for themselves due to physical or cognitive issues. A skilled nursing home, whether for a few months or indefinitely, may be necessary if daily medical care is required. This realization can be difficult… Read More »