The Many Benefits of a Trust
Trusts are not exclusive to the wealthy, anyone can benefit from setting up a trust. Do you want to keep your affairs private and stay out of probate court? Maybe you have stepchildren? Do you want to leave money to…
The Benefits of Having a Family Caregiving Meeting
When caring for an aging family member, a family caregiving meeting can be a great way to coordinate communications and activities. These meetings are beneficial for helping to keep all family members abreast of decisions that need to be made,…
Factors to Consider When Including a Vacation Home in Your Estate Planning
A vacation home is a place where families enjoy their time together. Sharing time and creating memories is the hallmark of such properties, and often there is a desire to preserve the home’s ownership within the family system for generations…
Seniors Use Crowdsourcing to Evaluate Areas to Retire
On average, two-thirds of Americans 65 or older would prefer to age in place, while the other one-third would want to live somewhere else. The family remains the most significant factor when deciding where retirees live, followed by the general…
There Is a Home Caregiver Shortage Due to an Increase in the Aging Population
As the baby boomers are getting ready to retire or have already retired, we are seeing a sharp increase in America’s elderly population. However, what has not been widely reported is how the rest of the nation will provide care…
The Power of a Will
57% of American adults have not prepared a Last Will & Testament (a “Will”) according to Care.com’s estate planning survey. The survey found that participants were more likely or less likely to have a Will depending on issues such as…
What We Can Learn From Britney Spears Conservatorship
A conservator is appointed by the court to care for and protect a person who is deemed unable to care for themselves. Among the conservator’s responsibilities are managing the conservatee’s health and wellbeing as well as preserving their assets. While…
Planning Your Legal End-of-Life Instructions
You have an estate plan and included in it is your living will with instructions for resuscitation. While your wishes in a living will may be appropriately documented, that does not guarantee the instructions will be carried out as you…
A Will Is a Vital Part of a Complete Estate Plan
If you already have a will, you are farther ahead than nearly 50% of all Americans. While a will is a necessary document that every person who owns assets should have, it is still a relatively simple document that may…
The Challenges That Come With Solo Aging
A senior who has no children and no younger (or healthier) family members to assist them as they age is said to be solo aging. As in generations before, baby boomers are living longer and healthier lives but for some,…