Is a Will All I Need?
About 50% of Americans do not currently have a will. While a will is a necessary document that every person who owns assets should have, it is still a relatively simple document that may not cover everything you want it…
Personal Property Memorandum Prevents Confusion
When a family member has passed, the family sometimes ends up arguing over personal property. Arguments can take place over things like a coffee mug, a piece of jewelry, or a painting. These types of arguments can be eliminated by…
Workforce Opportunities for Elderly Americans
Many older Americans are willing and able to work, however, in April 2020 the unemployment rate for eligible workers 55 and older increased to 13.6 percent. COVID-19 restrictions and associated layoffs account for some unemployment increases, but so does the…
Plan Long-Term Care Before an Emergency Occurs
In America, a lot of parents do not live close to their children. Managing aging parents or in-law medical events can be a serious challenge without proper preparation and understanding of what your parents' strategy may or may not be,…
Which Child Gets the Farm?
Imagine a pair of aging parents that have been farmers and own their farm. Now, though, they’re getting on in years and they’re considering moving into a smaller place. One of the daughters and her husband help run the farm,…
Will Preparation and Undue Influence
Targeted attacks on vulnerable older people to exert what attorneys deem "undue influence" constitutes elder abuse. It disrupts the older persons' impulse to provide for loved ones and instead leaves assets to the manipulator. Often, family members do not find…
Seniors Anxious About Spending Money
Senior citizens are using their retirement sparingly, even though the US economy has experienced over 10 years of economic growth. Bloomberg.com is reporting many retirees, and near-retirees are sitting on their wealth in much the same way large corporations are…
Is Your Estate Plan Prepared For a Pandemic?
The World Health Organization (WHO) named the disease-causing the 2019 COVID outbreak on March 11, 2020. The coronavirus disease 2019 shortly after became known by its abbreviation, CO for corona, VI for virus, D for disease, and 19 for the…
Medicaid and Gift Giving: What You Should Know
Many seniors enjoy the opportunity to be generous to their children by gifting them monetarily. In certain circumstances, however, there is a real concern that people who may be in need of long-term nursing care in the near future should…
How an Elder Law Attorney Can Help You
Many aging Americans depend on family members or friends to help manage their financial, health, and other affairs during retirement and beyond. They often believe that their family members will be able to take care of any issues that arise.…