Financial Abuse: Minding Your $ and ¢
Financial elder abuse is a growing concern here in Arizona and nationally. It is estimated that at least five million seniors fall victim to financial elder abuse each year. Financial elder abuse is the illegal or improper use of a vulnerable adult or his/her financial resources for another’s profit or advantage. It includes deception, trickery, […]
Green House Project | Homes Where Elders Can Thrive
Options for the elderly who can’t live alone but can’t afford assisted living are few. Either expensive around-the-clock care at home or a nursing home are about it. However, Bill Thomas, a Harvard-educated geriatrician, has helped create the Green House Project, a new model for long term care. Its name suggests a nurturing environment where […]
What are Revocable Living Trusts?
You can plan for mental disability and death together with a document known as a revocable living trust. You can control your property when you’re alive and mentally competent, choose the person to control your property and investment decisions in the event you can no longer do so, and create a list of instructions to […]
What is the Probate Process in Arizona?
Any asset that goes through the court process are inventoried after you die and submitted to the court; your debts are paid before your loved ones receive the balance of your assets. In the state of Arizona, there is a small estate exception that allows your family to collect your personal property by affidavit if […]
How Does a Last Will and Testament Effect Elder Law?
A will contains a set of written instructions that determine how your estate is to be divided after your death. Your loved ones cannot legally take control until after your property passing through the will is put through probate. If you need help with preparing a last will and testament, please contact us and speak […]
What is Estate Planning for Death?
Death planning includes instructions for paying your debts and who will receive the balance of your assets. This is an important aspect of a solid estate plan and one in which our legal team will be more than happy to help you prepare. If you need help with estate planning for death, don’t take chances, […]
With Elder Law Who Will Make My Financial Decisions?
A document called a financial power of attorney allows you to choose the person who will manage your assets if you are unable to do so. A “durable” power of attorney can immediately take care of your property, whereas a “springing” power of attorney can’t begin to take care of your assets until the day […]
Who Will Make My Medical Decisions?
A document called an advance medical directive (or health care power of attorney) enables you to choose the person who has the right to take care of your personal needs, and this individual also has the power to make medical decisions on your behalf if you are unable to do so yourself. If you need […]
How Will Elder Law Help if I Become Mentally Disabled?
If you become mentally disabled, you need to have a clear estate plan in place that covers your financial and medical decisions. Failure to do this could put your family at risk of ending up in court in a conservatorship or guardianship action. If you need to know more about elder law and your rights […]
Why is Elder Law important?
With the average life expectancy in Arizona rising to almost 80 years, the field of elder law is more important than ever before. This is especially the case since an increasing number of people are living beyond 90 and even 100 years of age. As a result, elder law has expanded to meet the needs […]