If you or a loved one has lived with a mental illness and/or a substance use issue, you may be aware of how important it is to make your wishes for your health care known before a crisis occurs. When our own wishes are not known or are not followed, severe emotional trauma may occur […]
A power of attorney is an essential tool in planning for the possibility of becoming incapacitated and needing someone to manage your affairs on your behalf. These legal documents can grant broad authority to one or more power of attorney agents to transact business or make medical decisions based on your behalf. The Different Forms […]
A spouse or long-term partner’s loss makes it difficult to think beyond just your grief. However, it is crucial to understand there are important and timely decisions you need to make regarding your finances and personal estate plan. In truth, estate planning is perpetual as it accounts for changes in marriages, deaths, divorces, and births […]
The onset of dementia can lead to a loss of financial security due to the degeneration of your brain function. If you are age 50 or older, easy access to your financial assets like stocks and bonds, checking and savings accounts, money market accounts, and other assets can lead to the loss of these funds […]
Generally speaking, guardianship conjures up images of a minor child being cared for by an adult family member or friend. However, you can employ the process to obtain legal rights over elderly or aging adults, usually, parents, who are losing their physical and mental health capacities. While the process is similar, there are some distinct […]
You are likely to be asked to be power of attorney for an elderly or sick loved one at some point in your life. Your person may be planning for when they might become unable to take care of their affairs. For example, they might become disabled or incapacitated, and they would need a trusted […]
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 […]
