Blog
Is My Parent’s Will Valid? Or Is My Brother Commiting Fraud?
My father was diagnosed with Alzheimer's in 2007. My mother passed 02/27/08, and my father just passed away in May 2010, My older brother declared himself Power of Attorney immediately after my mother's death. According to the last will, it was amended in late 2008...
How to Tell If Your Loved One Needs In-Home Care (And What to Do About It)
It’s not always easy to know—or to admit—that a loved one is unable to fully care for themselves anymore. The signs develop gradually, and aren’t always easy to pick up on if you see your loved one on a daily or weekly basis. Often it’s the son or daughter who has...
Is Medicare Headed for a Crisis?
If you are among the wave of Baby Boomers about to begin enrolling in Medicare you may be in for some tough times. Recent stories in Financial-Planning.com and USA Today report that the number of doctors refusing new Medicare patients is reaching a record high—and...
I Want To Establish A Basic Will For My Daughter (Age 7). How Will The Designated-Trustee Handle All Money And Assets For Her?
I need advice about choosing a trustee and custodian for my daughter. I want to make sure after I die my daughter will be taken care of and get money that I saved for her. I can’t decide whether to have my brother in Thailand or my friend in the USA be a trustee. What...
Communication is Key: Talk to Your Doctor About Your End-Of-Life Wishes
Part of creating an estate plan is talking to your spouse, your family—and yes, your attorney—about your end-of-life wishes. A living will or healthcare directive is an essential part of any estate plan. This is the document in which you nominate the person or people...
Is The Power Of Attorney Or The Person Themselves Responsible For Contract The POA Made On Behalf Of The Person?
The POA made a verbal contract with me to provide care for the person in question. The person in question has dementia. His wife - not the POA now refuses to abide by the verbal contract and pay the bill. Who do I take to small claims court? Additional information The...
Heirs Pay the Price for a Do-It-Yourself Estate Plan
A recent article in U.S. News and World Report has brought the battle between professional estate planners and Do-It-Yourself document proponents out into the open. As author Kimberly Palmer points out in the article, lawyers believe Do-It-Yourself is dangerous when...
No Estate Tax Means No Need to Plan, Right? . . . Wrong.
Since the estate tax was repealed at the beginning of this year many people have rejoiced in the thought that there’s no need to create an estate plan. While it may be true that for the moment, at least, your assets don’t need to be protected from outrageous estate...
Is A Will That Was Drawn Up By An Attorney In NC Valid In SC?
Our wills were drawn up by an attorney in North Carolina. We now reside in South Carolina. Do we have to re-do our wills? I hear this question often. The answer is a typical lawyer answer. It depends. It does not depend upon whether or not the wills are legal....
Should A Bank Help You Care for Your Elderly Parents?
The influential Baby Boomer generation is aging, which means more and more of them are taking on the responsibility of caring for their elderly parents, and the Boomers are beginning to face up to the fact that they will need caregiving themselves in the...
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