If you have decided to create a will, you are one step closer to having a comprehensive estate plan in place. Here are a few mistakes to avoid so that you and your loved ones can enjoy the benefits of having a valid will that communicates your wishes. Being too vague...
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Why is Medicaid planning so important for retiring adults?
Adults who are old enough to retire will usually qualify for Medicare for their medical needs after their retirement. However, those with worrisome medical conditions may find that they actually require Medi-Cal benefits instead. Medi-Cal is the California state...
Are you or your parents able to pay for a nursing home?
When your parents reach a certain age, you have to start worrying about the medical care that they need. At some point, you may no longer be able to provide everything for your parents, especially if they develop conditions like Alzheimer's disease that affect their...
Don’t forget to consider trustee fees
Using a trust as part of your estate plan is a wise option to consider. After all, trusts can provide more protection for assets, allow you to have more control over those assets and better protect your privacy. When creating a trust, you become the grantor, and you...
Would your family benefit from a special needs trust?
Planning for the future is not easy, especially when your family has a member with special needs. You may need to craft an estate plan that will allow you to address future concerns, but you also need to consider what your loved one will need down the road. One way...
Why does the Social Security Administration deny some claims?
A serious medical condition can affect your life in many ways. It can take a financial toll as you try and pay your medical bills and get other types of support you may need. In some cases, a serious physical disability or mental condition can impact the ability to...
Advance health care directives bring peace to families
Imagine you are in an accident, and your injuries leave you unconscious and intubated to help you breathe. Doctors have several options for treating your injuries, some of which are more conservative and others with higher risk. Perhaps, any measure they take will...
Who is the best person to be your power of attorney agent?
Preparing an estate plan is seldom easy. It requires you to think about difficult possibilities, including the end of your own life. Many of the decisions you make can benefit your loved ones, not only by providing them with an inheritance, but also by saving them...
Alzheimer’s can affect people younger than the age of 65
Most people think that Alzheimer's disease only affects the elderly. Perhaps when you think of this condition, you think of your grandparents in a nursing home who have trouble remembering who you are. While this disease does affect many people over the age of 65, it...
Do you know what an estate plan can do for you?
Over the past few years, you have undoubtedly heard of celebrities who passed away without leaving a plan for their multi-million dollar estates. Their loved ones and others spent years clamoring for a share in the wealth, and often, the legal squabbles consumed a...