Sometimes, it’s hard for those closest to us to recognize when it’s time for a change, and it can be harder still for our loved ones to talk to us about that necessary change. You may have noticed a few changes in Mom lately, and maybe you have started to wonder if it’s time to seek out memory care for her. Continue reading
The living trust is becoming quite a popular estate planning strategy. It costs more than a will, but includes many features that are helpful during life and in your estate. Let’s review some of the basic principles of the living trust. Continue reading
Special needs trusts come in three main flavors — first-party special needs trusts, third-party special needs trusts, and pooled trusts. All three trust varieties are designed to manage resources for a person with special needs so that the beneficiary can still qualify for public benefits like Supplemental Security Income (SSI) and Medicaid. Continue reading
Hollywood can be a great platform to provide mass exposure to many of the issues and challenges that plague society. It’s like the cliché, “art imitates life.” For example, the film Still Alice portrays some of the challenges families endure when one family member suffers from the Alzheimer’s disease. The success of the film, and the awards won by its leading lady, Julianne Moore, have brought awareness of these trials to the forefront of society. However, when the lights of the theatre dissipate and the box office numbers dwindle, the real-life caregivers and their challenges with their Alzheimer’s patients continue. Continue reading
You have completed a will and perhaps a revocable living trust. Your durable power of attorney for healthcare and a living will are accompanied by a HIPAA release. All of your records are safely in place and carefully organized.
So you now are finished with your estate planning. Or are you? Will there be changes in your circumstances or your family that should lead to a review of your plan? Could some events cause you to need to revise or update the plan? Continue reading