To make sure that your children are taken care of if something happens to you, it’s important to appoint a guardian, establish a trust and ensure there’ll be financial support.
The holiday season is upon us: A time for sharing joy, love, and cherished memories. For our beloved seniors living with dementia, these moments are invaluable. This Christmas, let's make it extra special by celebrating their beautiful memories. As a Certified Elder Care Coordinator, I have curated a list of heartfelt gifts tailored to evoke […]
In the contemporary world, digital assets have evolved to become an essential component of our lives. From emails and photos to online financial portfolios, these assets play a vital role and are of significant value. However, what happens to these assets when we are no longer around? Integrating digital assets in your estate planning is a step towards ensuring that these assets are managed and passed on according to one’s wishes. What is a Digital Asset? A digital asset is any content owned by an individual in digital form. This can include everything from email accounts and online accounts to…
Elder law attorneys see firsthand the financial strain that nursing home expenses can place on families. With the rising costs of long-term care and the complexities of becoming eligible for Medicaid benefits, it’s crucial to understand how to protect your nest egg. This article sheds light on the financial strain many Americans face regarding elder care costs. Using planning methods to preserve your hard-earned assets while ensuring quality care for yourself or your loved ones by working with an experienced elder law attorney is crucial. Start the discussion early with your spouse or family about ways to protect your assets…
Navigating the intricate landscape of elder law can be daunting, especially when faced with the decision between guardianship and power of attorney for elderly parents. This article sheds light on the difference between guardianship and power of attorney, providing clarity on which approach might be the best fit for your family's unique situation. What Exactly Is a Power of Attorney? A power of attorney is a legal document that empowers an individual, often referred to as the agent; or attorney-in-fact; to act on behalf of another, known as the principal.
In today's digital age, scams targeting senior citizens are on the rise, making it crucial for adult children and caregivers to be vigilant. This article delves deep into the world of scams and fraud, offering actionable steps you can take to shield your older loved ones from these malicious threats. Read on to discover the […]
