Preserve Your Legacy

Estate Planning | Elder Law | Special Needs Planning

Blog Posts in May, 2011

  • WHAT ARE EXECUTOR DUTIES DURING PROBATE?

    When creating your will , you must appoint an executor to handle your estate’s affairs during the probate process. This person will be helping you and your loved ones in a number of ways. Are you unsure of the duties that your executor will face during the probate process? Take a look at some of the information below to learn more. If you have any questions about probate or your executor’s duties, ...
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  • WHAT IS AN "I LOVE YOU" WILL?

    An “I love you” will is a very simple will wherein all assets go to the surviving spouse and at the spouse’s death, to the children. Although the “I love you” will is commonly used by general practitioners and may make sense on the surface, but to clients it holds many perils. Benefits of the “I love you” will It’s inexpensive to create. You can appoint guardians for minor children and an ...
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  • HOW TO BE A GOOD CAREGIVER

    Instead of choosing an assisted living or long term care facility, many families decide to share caregiver responsibilities in order to help out a loved one with his or her needs at home. It can be extremely frustrating and stressful serving as a caregiver. Take a look at some of the tips below for advice on how to be a good caregiver. If you’d like to discuss assisted living and long term care or ...
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  • PLANNING FOR INCAPACITY: WHO WILL MAKE YOUR END OF LIFE DECISIONS?

    Incapacity planning is something that everyone should take the time to include in his or her estate plan. If you want to be able to have a choice in your future medical decisions, you need to incorporate incapacity planning into your overall estate plan . Take a look at some of the information below to learn more about the importance of this planning. If you have additional questions, or if you’d ...
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  • 11 PROBATE TERMS

    Probate terms can be confusing because you don’t use them in every day conversation. Probate terms are likely additionally confusing because you are exposed to them in a time of great loss and mourning. When a loved one dies, it is a difficult time to be learning anything, let alone legal lingo. Here are some probate terms. We find it helpful for clients to have information in writing and to be ...
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  • NURSING HOMES AND GOVERNMENT ASSISTANCE

    One of the most common misconceptions among retirees is that if they have Medicare, they are covered for stays in nursing homes. Though Medicare will pay for short-term care in a nursing facility, you will not be covered for long-term care. One of the reasons why so many people make this mistake is because of the fact that Medicaid does pay for long term care, but this is true only for those ...
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  • ESTATE PLANNING DO'S AND DON'TS

    There are various things that you’ll likely want to consider when entering the estate planning process. It’s important to make sure that you have proper plan in place so that all of your needs, as well as those of your family, are met. If you are new to estate planning, look at the following list of do’s and don’ts. If you have questions about your individual needs, meet with a qualified estate ...
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