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 […]
Elements Of A Stress-Free Estate Plan
Estate plans have to do with what’s going to happen in the future. Retirement, taking care of loved ones, avoiding taxes — things that will have to be dealt with some day, but not today. http://gty.im/485987879 However, a story in Forbes says your estate plan can actually help you out right now — by eliminating […]
The ABC’s of RLT’s
A Revocable Living Trust (RLT) is an estate planning tool that A) distributes assets outside of probate, B) provides for incapacity planning for the trustmaker, and C) provides asset protection for beneficiaries. A RLT is created by a trustmaker (also called grantor). The trustmaker chooses a trustee and successor trustees to manage and distribute property […]
Frequent Estate Planning Mistakes
Estate planning done right isn’t easy – that’s why there are lawyers and financial advisors who focus on helping people with their estates. http://gty.im/153349919 If you review your documents, ensure that they are signed and pick the right experts, you should do well, according to an article on cnbc.com. However, there are errors that people […]
What is Elder Law?
The field of elder law is extremely broad and can basically involve any legal issue facing the elderly and their families. In order to get the best representation, you need to find attorneys who specialize in the key aspects of elder law, including estate planning, real estate, guardianship, probate, and many more. In this article, […]
Getting Ready For Life As A Single Woman
Widowhood is probable for most women in the United States. Women are four times more likely to outlive their husbands. And they live on average another 10 years. But many are unprepared for the changes in store. http://gty.im/483966547 New widows are confronted with a host of financial decisions, says a story in Forbes. And since […]
Estate Planning Not Only For The Wealthy
A widely held misconception says that estate planning is only for the wealthy, as a way to save on taxes. http://gty.im/102070486 A story on cnbc.com says that nothing could be further from the truth. Estate planning is about giving what you want to whom you want, how you want and when you want – with […]
An Estate Planning Bucket List
Have a bucket list? Want to jump out of a plane? See the Pyramids? http://gty.im/185550597 An article on investopedia.com has a list of things to do before you die, but they all have to do with estate planning. The story lists 16 things. We will list 5. Make an inventory of your possessions. Anything worth […]