Today, second marriages have created a diverse family lifestyle blending newly born and existing step-children under a single roof. As life gets busy, the lack of having an estate plan or not updating an existing one to include the new spouse and children is common. So are the problems connected to the distribution of assets Read more about Estate Planning for Children with Different Parents[…]
When you die, you will likely have possessions and assets that you want to transfer to your family members or other loved ones. There are two approaches you may take to address how this will occur. You can either see an attorney for estate planning, or you can let the court system in your state Read more about What Are Some Concerns for My Estate?[…]
While there’s no telling exactly what the future holds, we do know that each of us will experience some kind of decline, as we age. Whether that will include physical conditions, cognitive degeneration, or a combination of the two, there’s really no way to know. All we can really do is prepare for the worst Read more about What Happens If I Become Incapacitated As a Senior?[…]
Powers of attorney is a legal document that allows another person (or agent) to make binding decisions on behalf of another person. There are different types of powers of attorney that grant different types of decision-making authority to the agent. Some powers of attorney allow the person the agent to make financial decisions and sign Read more about What is Powers of Attorney and Why Do I Need One?[…]
FELINTON ELDER LAW & ESTATE PLANNING CENTERS believes in delivering the absolute best client experience, and in order to better serve you, we are announcing new appointment times for people who work during regular business hours. Days Hours Monday 9:00 AM – 5:00 PM Tuesday 9:00 AM – 6:30 PM Wednesday 9:00 AM – 5:00 Read more about New Hours![…]
We don’t like to discuss it, even with our closest loved ones, but our later years will be marked by a more than likely decline in physical or mental health. In many cases, both our physical bodies and our cognitive functioning declines, as we get older. That means we have to plan for the probability Read more about How Do I Talk To My Parents About Long-Term Care?[…]
Everyone needs an estate plan but many people don’t believe they have enough assets to warrant paying special attention to it. You may have written a will years ago and put it in a drawer or safety deposit box, where it might sit so long the people you give your money to die or leave Read more about Doing Your Own Estate Planning? Why You Should Consult an Attorney[…]
Even middle-class Americans with serious health issues might find themselves financially overwhelmed and in need of government assistance with their medical bills. That’s why Medicaid was established in the first place — to help with the high cost of healthcare when patients can’t otherwise afford to pay. Unfortunately, Medicaid will only provide assistance if you Read more about Transferring Assets for Medicaid Eligibility[…]
Whether or not you own a business, the protection of your personal or business assets should be a priority — but not something that keeps you up at night. While unforeseen events can make you unexpectedly vulnerable, most risks to such major assets as your home, rental properties or businesses can be avoided through these 4 Read more about 4 Asset Protection Strategies to Protect Your Home or Business[…]
Medicaid planning can be a stressful and confusing process under even the best of circumstances. But it can be even worse if you’re stressed with trying to place a loved one in a nursing home or through the healthcare system and figure out how to pay for it. Regardless of your situation, there are a Read more about Why You Should Use a Lawyer for Medicaid Planning[…]