From childhood into adulthood, our parents take care of us in every aspect. As we mature and become our own person, our parents continue to grow and age. There becomes a time where the roles must be reversed and you must take care of your parents. It may comes across...
The Alzheimer’s Association Advises Legal Plans Should be Established so those with Dementia can be Involved in Decision Making About Their Future Care. It eases the strain on families who take care of those with dementia. Every 65 seconds someone in the United...
The rules of “Spending Down” assets for Medicaid may seem tricky, but we’re here to help you navigate. To qualify for Medicaid, you must make less than an income at or below 133% of the Federal Income Poverty Guidelines. Applicants for Medicaid can...
A power of attorney is the grant of legal rights and powers by a person, the “principal,” to another, the “agent” or “attorney-in-fact.” The attorney-in-fact, in effect, stands in the shoes of the principal and acts for him or her on financial and business matters....
Probate is the process by which a deceased person’s property, known as the “estate,” is passed to his or her heirs and legatees (people named in the will). The entire process, supervised by the probate court, usually takes about a year to eighteen months. However,...
A legal trust is a separate legal entity for holding and investing property. These legal trusts (The “trustee”) hold property, usually real estate or investments, for the benefit of another or other people (the “beneficiary”). The person who gives the property for the...
