
Durable Power of Attorney can Prevent Guardianship Issues
If you’re seeking guardianship or conservatorship for a relative who is unable to take care of their own personal or financial needs, get ready for the long haul.

If you’re seeking guardianship or conservatorship for a relative who is unable to take care of their own personal or financial needs, get ready for the long haul.

Data from sources like the U.S. Census Bureau shows in no uncertain terms that the U.S. population has grown older over the prior two decades.

You’re single, and you don’t have an estate plan or even a will. Perhaps you think you don’t need either because you’re not wealthy and don’t have children.

Everyone age 18 and over should have a health care proxy document signed (think children off to college, and yourself, not just an elderly parent).

Joint accounts may seem like an effective way to prepare if parents need help with finances as they get older, but unexpected problems could crop up.

Aging solo is about those individuals who are widowed or not married, live alone and have no family or none they can count on. They are going through the last years of their lives on their own. It can be just fine until one’s health declines and the usual activities and access to friends get out of reach.

With the possibility of needing long-term care in the future, many people are interested in proactive planning.

A qualified disability trust (QDisT) is a special needs trust that qualifies for a federal tax exemption.

Although in the past it may not have been the norm to provide for animals in our estate planning, times have changed.

Created to own and control a life insurance policy or policies while the insured is alive, Irrevocable Life Insurance Trusts (ILITs) are tools that are sometimes recommended by estate and planners.