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What Do I Need to Do When my Spouse Dies?

The passing of a spouse is a devastating time in a person’s life and one that throws their world into turmoil. While in the midst of grieving, they’re confronted with a multitude of responsibilities requiring their attention — not only the immediate tasks of preparing for memorial services and notifying family and friends, but also beginning to tackle the requisite legal notifications and financial changes.

Posted on: October 2, 2020

Piggy bank next to a small house and some coins

How Do I Keep My Assets from the Nursing Home?

Nursing homes are expensive with an average cost in the United States of $7,698 per month (2020 average). Most people cannot afford this expense, but they are in desperate need of the services provided by nursing homes (long-term care facilities).

Posted on: October 1, 2020

What are Power of Attorney Options?

As part of your estate planning, don’t forget to consider a power of attorney.

Posted on: September 24, 2020

What Must I Decide before Retirement?

There tends to be a lot of excitement in the air as one approaches retirement. Contemplating how to spend one’s golden years represents the culmination of decades of hard work and the ability to enjoy the fruits of one’s labor. While the enthusiasm is warranted, it’s also crucial to make some important financial planning decisions before the fun begins.

Posted on: September 22, 2020

How Do I Find a Great Elder Law Attorney?

Finding and elder law attorney is as easy as googling, “elder law attorney near me.” Anyone can find an elderly law attorney but finding the right one is where things get a tad difficult. If you want your elder law case to be in the right hands, then you might have to do a bit of digging.

Posted on: September 18, 2020

Do I Qualify as an Eligible Designated Beneficiary under the SECURE Act?

What Is an Eligible Designated Beneficiary?

Posted on: August 24, 2020

What Is a Will Codicil?

Writing a will is an important part of creating a financial and estate plan. A will allows you to specify how you want your assets to be distributed among your heirs after you pass away. You can also use a will to name a legal guardian for your minor children. However, what happens if you need to change the terms of your will? That’s where a codicil can help.

Posted on: August 6, 2020

What Happens If Power of Attorney Documents are Rejected?

The possibility that a power of attorney might be rejected may be one reason not to simply pull a form off the internet and hope it will be accepted.

Posted on: August 5, 2020

What Should I Know about Beneficiaries?

Whenever you open a financial account, you’re almost always asked to name a beneficiary. Simply stated, a beneficiary of the account is someone who is entitled to the benefits of the account, typically, on the death of the account holder. If you’ve purchased life insurance, for example, you name a beneficiary who receives the benefits of the policy when you pass.

Posted on: August 4, 2020

What are the Different Kinds of Powers of Attorney?

As you age, it is important to have your affairs in order to ensure peace of mind for you and your family. Several documents need to be in place to help your family know and carry out your wishes.

Posted on: July 28, 2020