It is crucial to store your estate planning documents like your will, living wills, powers of attorney, trusts, medical directives, and financial information securely somewhere your survivors can easily access. Additionally, you need to securely store information about birth certificates, marriage licenses, even divorce decrees, as well as medical records and property titles. In your […]
The 2021 fall flu season may see even more resurgent cases of COVID-19 on the heels of the summer Delta and Mu variants. Nursing home implementations of CMS protocols for resident visitation are becoming broader as lessons of isolation due to physical separation from loved ones and family has taken an emotional and physical toll […]
Probate is the method by which judicial officials, including probate judges, process a decedent’s will. While state probate laws may vary, the general process is quite similar across the country. Probate is the process of proving wills for decedents’. A probate judge will also oversee cases where the deceased person did not prepare a will, […]
Many family circumstances can increase the risk of probate litigation. Still, there are two fundamental reasons: families disagree with how to handle a mentally incapacitated family member or, after death, disagreements regarding the dissolution of the estate. High-risk factors that often bring about probate litigation can include sibling rivalry, second marriages in the absence of […]
Conservators are put in place through court authority to manage the affairs of those who are no longer capable of making their own decisions about health care or finances. While most people’s lifestyles and fortunes are decidedly different from Ms. Spear’s, the problems she has and continues to experience are a cautionary tale for all […]
For people across the globe, COVID-19 continues to be a harrowing experience. Previously unthinkable challenges, unwanted changes, and devastating losses of loved ones became all too common. Whether you call it meditation, yoga, prayer, spirituality, contemplative or philosophical thought, meditative practices can support patients, healthcare professionals, caregivers, and the general public. While the healthful benefits […]
If your beneficiary is no longer, what happens to your inheritance? 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, only if your will explicitly states as much. To ensure your document is correct, […]
Preparing for a successful transfer of wealth to your loved ones begins with a comprehensive estate plan. However, many of us often overlook the crucial part of communicating our estate plan to family and heirs. Even with a thorough and up-to-date estate plan, your family may experience emotional or financial turmoil despite your best efforts. […]
If the coronavirus pandemic has taught us anything, it is that life is uncertain. Too many aging Americans found themselves with a life-threatening COVID-19 illness in 2020 without legal documents naming trusted love ones to make decisions for their well-being while they were incapacitated. Family caregivers are generally given the task of some medical and […]
It is fairly typical for young adults, even those with professional careers who are age thirty or more, to believe they are too young to concern themselves with estate planning. Young adults in their twenties and thirties often think they don’t own enough to constitute an estate. However, an estate is the total of all […]
Assisted living communities provide essential care and a sense of calm and peace of mind for aging your parents. Identifying the suitable facility “fit” for your loved one is a journey requiring matching your parents’ needs, budget, and lifestyle with desirable locations. Research and preparation yield the best results when all parties participate by asking […]
A business valuation intends to use a defined set of procedures to estimate the economic value of an owner’s interest in a business. There is a myriad of valuation techniques to employ to determine a fair valuation. Some of the reasons to value your small business may include: Selling, merging, or dissolving your business Buying […]