Tag Archives: sign

Things to Consider Before Signing a Contract for Assisted Living

When someone gets ready to move into an assisted living facility there will inevitably be a lot of paperwork involved.  Much of that paperwork is fairly straightforward and need not be a cause for concern.  However, amid the big stack of needed signatures, there is one document you must review carefully before signing.  That document is the admissions agreement.  An assisted living admissions agreement is really a contract.  And like all contracts, there are important provisions you need to understand fully.  In the October 2017 edition of Consumer Reports, Penelope Wang does an excellent job of listing the key provisions you need to understand when reviewing an admissions agreement.  See “Putting the Assisted Living Facility Contract Under a Microscope,” Penelope Wang, Consumer Reports, October 2017. Continue reading

Who May Act as An Agent Under a Power of Attorney?

November 28th, 2016, Elder Care Matters Q&A discusses the importance of selecting an Agent under a Power of Attorney

Question:  Who may act as an agent under a Power of Attorney? Continue reading

5 Signs Your Senior Parent Should Not Be Living Alone

Making the decision that it’s time for your senior parent to stop living alone can be difficult. The signs that there is a problem can be very subtle at first. If your senior parent is starting to exhibit any of the following behaviors, it might be time to talk to them about not living alone anymore. Continue reading

Do You Have a Difficult Family?

A businessman with a $2.5 billion estate passed away in 1976. He was single and many individuals, mostly unrelated to him, filed more than 40 wills with the probate court. Twenty-two cousins fought with all of the other individuals claiming a share of the estate. In the end, the wills were all ruled invalid and the 22 cousins plus the federal government divided up the estate.. This may occur because one of your family members or potential heirs might believe that he or she can receive a larger portion of the estate. Continue reading

How Long Is A Will Valid??

The mere passage of time has no effect on the validity of the will. Individuals and families experience life changes every 2 to 5 years. So even though a will remains valid, the individual and family’s needs change. Tax laws and statutes controlling wills and trusts change as well.   Continue reading