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It will most likely be difficult or impossible to complete the tasks if all the facts are not available. When you go to visit an elder law and estate planning attorney, it is important to tell the truth about all aspects of your family members and other potential heirs. If not, it is possible the […]
A will can prevent a tough situation from occurring. There is a type of estate scenario that is described in the My San Antonio article, “Using power of attorney in daughter’s estate“, that demonstrates the importance of having a will, no matter how old you are. The challenge is untangling a house title, a mortgage […]
Claiming to be from Social Security may give scammers a better chance of getting your assets. Federal authorities say they have seen a number of scammers move away from claiming to be IRS agents to claiming to be from Social Security, according to The New York Times in “Latest Rash of Calls Come From ‘Social […]
People are often unaware of the fact that health insurance and Medicare will pay little, if any, of the costs of long-term care, according to the New Hampshire Business Review in “The dilemma of long-term care“. Some families may try to care for a loved one at home, but this is stressful and often becomes […]
There are reasons for a will to be contested and one is the mental capacity of the client. The best way to avoid a will contest, is to have a well-written will prepared by a qualified estate planning attorney, who can help avoid legal contests. It is also important that the client be of sound […]
Once you’re on Medicare, you can’t have it both ways. Many people find it useful to have a Health Savings Account. However, they can run into difficulties when they enter the world of Social Security, according to CNBC in “Near retirement and have a health savings account? Beware of snags when claiming Social Security“. As […]
There are many trusts and they fall into two categories. Estate planning has many options to achieve various purposes and trusts are one of the key ways to accomplish those goals, according to the Aiken Standard in “ON THE MONEY: A look at different types of trusts“. Some are created by the operation of a […]
Predatory marriages are on the increase and one state works toward a solution. A predatory marriage, which is when one party is lacking capacity and is exploited by another party into a marriage, is a form of elder financial abuse, according to the New York Law Journal in “Predatory Marriages and the Elderly: A Legislative […]
Planning ahead can make the problem easier to handle. When parents have passed away, there are many challenges that heirs could face, including the condition of the home to the pain of selling the family homestead, according to The Washington Post in “With proper planning, selling a parent’s house can be a relatively painless process“. […]
What is a power of attorney and what is the purpose? We all like to make our own decisions but unfortunately, there may come a time when we cannot. That is when a power of attorney becomes critical, according to Lancaster Online in “Why you’re never too young for a power of attorney“. A power […]
