Deciding to seek guardianship over a loved one is never easy. You may be feeling a huge range of emotions over the situation – from concern and confusion to guilt and grief. However, in some cases, action simply becomes necessary to ensure that a vulnerable loved one...
In times of economic uncertainty, many people postpone estate planning, believing it’s best to wait until the market stabilizes before formalizing their wishes. However, uncertain financial conditions actually make estate planning more important—not less. Whether the...
Applying for a nursing home can be a complex – and stressful – process. From the financial planning to the legal documentation, all the “moving parts” can become overwhelming. One way to make the process smoother and more efficient is by working with an attorney....
A Medicaid Asset Protection Trust (MAPT) is a specialized legal tool designed to help people protect their assets while planning for long-term care expenses and qualifying for Medicaid. Medicaid is a federal and state program that provides healthcare coverage,...
Irrevocable trusts are powerful estate planning tools – and a lot of people use them to protect their assets and control what happens to their wealth after they are gone. However, life circumstances, laws and financial situations can change over time, and that can...
You have worked hard for everything you have – and you want to make sure that your loved ones benefit from your hard work in the future. Without proper planning, however, your wealth could be swallowed up by unnecessary taxes, creditor claims and legal complications...
A power of attorney (POA) is a legal directive that gives someone else the authority to act on your behalf – and they’re commonly used in estate planning for end-of-life management. You might, for example, empower your son or daughter to make medical decisions for...
Do you intend to hold onto your business until you die, or do you hope to pass the reins over to someone else and retire, first? There’s no “one-size-fits-all” answer to this question, but it’s one that often comes up in estate planning when testators hold...
No matter whether you have a small estate or a large one, the fundamental goal of estate planning is always the same: You want to make sure that your assets are distributed according to your wishes once you are gone. However, high-net-worth individuals often find...
If you’re like most people, you’re probably not entirely familiar with the practice of elder law – but elder law is going to become an increasingly important part of the social framework of this country in the future. The United States has a rapidly aging population....
