When Does Someone Need Financial Guardianship?
When individuals cannot manage their finances, courts can appoint guardians. Financial guardianship is for those who need help handling money.
When individuals cannot manage their finances, courts can appoint guardians. Financial guardianship is for those who need help handling money.
In estate planning and wealth transfer, people sometimes seek strategies that preserve their assets as well as provide them with financial benefits for life. One such strategy is the grantor-retained income trust (GRIT). GRITs offer a unique opportunity for individuals…
Your estate plan should be created with the help of a professional team to provide you with the best advice and legal documentation to ensure your legacy is protected for future generations. Aside from an estate planning attorney, who often…
The number of Americans who are widowed or divorced has reached record levels, causing new partnerships to form among older Americans. The US Census Bureau reports that more than half of all older adults have only married once, opting to stay legally…
An individual can own firearms in a unique way through a gun trust, which enables them to share access to firearms with others while still complying with the law. This approach is beneficial for those who own restricted firearms or…
Those who have pets understand how much joy and comfort they provide. Since you love them, you give them the best life you can. But what if you were suddenly unable to care for them? Who would care for your…
There are astronomical costs associated with nursing home care if you become seriously ill or injured. You might also know that Medicare would cover only a minimal amount of those costs. Private insurance doesn’t seem like a good bet if…
It was recently announced by researchers at the Lewis Katz School of Medicine at Temple University that mice with Alzheimer's disease (AD) can be protected from the disease with pharmacological "chaperone therapy". Alzheimer’s is a chronic neurodegenerative disease that currently…
The ABLE account and the special needs trusts are both tax-free accounts intended to save money for disabled people while protecting their public benefits eligibility. Each has its merits, and it’s possible to maintain both account types. Special needs trust…
The probate process occurs after someone dies. While probate can be complex, lengthy, and expensive, proper estate planning can mitigate unwanted risks by anticipating what might happen and preventing issues before they arise. A proper estate plan can mitigate unwanted…