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Special needs adults may need help in some areas. While you may plan on assisting your child, someone else may need to fill this role if something happens to you. You may want to consider appointing a guardian. According to the Georgia Council on Developmental...
Baby boomers are the largest population group in the U.S. Most of you are healthy, vibrant and not ready to retire. However, it is not too soon to provide for the protection of your hard-earned assets. Reasons for postponing estate planning may include apprehension of...
Asset titling is a crucial part of your estate plan. Appropriate titles can help you ensure that your assets and investments get distributed in the way you intend, whereas careless titling or mistakes can have unintended consequences. Per J.P. Morgan, asset tilting...
A Medicaid spend down centers on people who make too much money to qualify for Medicaid. The question quickly shifts to why someone would want to have less money. And why would anyone do so for Medicaid? Why Someone Would Do A Spend Down This comes down to long-term...
Medicaid planning is complex, and navigating it with your loved one may be frustrating. The application process is time-consuming, so understanding the planning process is essential if you want to get your loved ones the care they deserve. To save yourself unnecessary...
Putting your loved one in a nursing home is a difficult choice. This person will likely feel upset since you moved him or her from the house he or she lived in for decades into an unfamiliar place. Be patient and understand that the transition period will not last...
Watching a close relative decline in health or mental ability can be painful, perhaps made worse because you know you may have to ask a court to appoint a guardian for your loved one. Establishing guardianship means removing rights from your relative. However, you may...
If electing to place your elderly parent in a nursing home is the most difficult decision you have faced recently, picking the right facility is undoubtedly a close second. After all, not all nursing homes provide the same level of care. When you are searching for the...
Even if you or your loved one has a robust income or a high level of assets, long-term care has the power to quickly erode an estate's assets. This is especially true when a person needs skilled nursing care for a long period of time. You can increase the chances of...
Going through a divorce requires couples to separate pretty much every aspect of their lives, but many forget that their estate plans and wills will need modification as well. Chances are, your will outlines what your ex-spouse will receive should you die, as well as...
