As you plan for any future situation where you may become incapacitated and require someone to manage your affairs for you, power of attorney can be an extremely useful tool. These legal documents can grant broad authority to one or…
Aim to talk finance with your aging parent as soon as possible, especially if they are beginning to decline cognitively. It will take time to gather all the information you need for a complete financial assessment of their aging needs.…
More often than not, guardianship brings to mind images of a minor child in the care of a designated adult family member or friend. However, you can employ the process to obtain legal rights over elderly or aging adults, usually…
Assisted living communities provide essential care and create a sense of calm and peace of mind for aging parents. Identifying the suitable facility “fit” for your loved one is a journey requiring matching your parents’ needs, budget, and lifestyle with…
1. My family and I don’t own much. Can’t we put off planning until we can afford it? You shouldn’t. It is crucial to give legal authority to a person of your choice to care for your children if anything…
The number of elderly individuals is steadily increasing while medical and technological advancements are allowing seniors to live longer and better lives than ever before. According to the US Census Bureau, more than 51 million Americans are currently aged 65…
Estate planning is not just for the wealthy. Virtually everyone needs at least a basic estate plan. And now, with a global pandemic here to stay for a while, it’s more important than ever to put a plan in place.…