Make a Plan Step Nine-Future Planning for Your Child: How do you want to provide for your child with disabilities if you die or are too ill to provide the care? You can't make any plans if you don't have any idea what you want. If it's too difficult to think about your own death or loss of capacity, there are two ways to combat this: 1) consider what you don't want (I don't want my children to have to decide if I should be kept on life support if I am dying), and 2) consider what you would not…
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There is an estimated 78 million boomers that have or will reach the age of retirement in the next few decades. In fact there is one person reaching the age of 65 every 10 seconds, so this begs the question, what do boomers need to do in advance of reaching retirement age? In a society where healthcare costs are rising and the cost of living is increasing, it’s crucial to be prepared long before you may think it is necessary. Below is a list of tips that baby boomers should consider: - Legal documents: We are concerned with “What happens…
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As people continue to live longer, seniors are faced with a range of legal topics that younger people typically do not have to deal with. As an Elder law attorney firm we know how specific areas of the law impact our clients and what people can do to protect themselves as they get older. Let’s take a look at some of the most common areas that elder law attorneys deal with. Health Issues As we get older we are more likely to suffer from certain types of medical issues that can affect our ability to make choices. For example, an…
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For most people, the durable power of attorney is the most important estate planning instrument available–even more useful than a will. A power of attorney allows a person you appoint — your "attorney-in-fact" — to act in your place for financial purposes when and if you ever become incapacitated. In that case, the person you choose will be able to step in and take care of your financial affairs. Without a durable power of attorney, no one can represent you unless a court appoints a conservator or guardian. That court process takes time, costs money, and the judge may not…
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Estate planning is a financial process that can protect you and your family, and is a very important component of your overall financial planning. If you don’t have an up-to-date estate plan and you happen to get hurt or sick and cannot manage your financial affairs, the courts, through a guardianship, will appoint someone to manage them for you. The person they appoint might not be the one you would want to perform those tasks. Without an estate plan when you pass away, your affairs will be settled by default through a complex legal system called “probate.” The handling of…
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There is no easy way for a family to deal with a senior grappling with a cognitive mental disease like dementia or Alzheimer's. Like any health problems faced by loved ones, a family's initial reaction is to try to get the senior the help they need. However, at our Elder Law firm we understand that cognitive conditions are tricky, because the injury is not physical and often the senior may not be fully aware that they are even suffering from the problem at all. One elder law advocate recently discussed this challenge in response to a reader question explaining her…
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