The most valuable asset your child has is you and your ability to care for them. You, like no other, fully understand the nuances of your child’s coping mechanisms and what can trigger adverse outcomes. A letter of intent is…
The coronavirus pandemic pushes each individual to evaluate their values, priorities, and overall health. Hope for the best, but be prepared for the worst. If you have a medical directive, it is imperative to review it and make additions in…
You may be asked to be power of attorney for a family member or friend. Your person may be planning for when they might become unable to take care of their affairs. For example, they might become disabled or incapacitated,…
Most parents choose to treat their children equally when it comes to inheriting property or money. But sometimes, parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be…
When the onset of dementia begins to diminish brain function, it can lead to the destruction of your financial well-being. If you are age 50 or older, easy access to your financial assets like stocks and bonds, checking and savings…
In order to legally lay out your life-sustaining medical preferences, you must have a living will. It is often accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for you if you are…
Let’s pretend your spouse is living in a long-term-care facility due to a disabling health issue, like Parkinson’s. Your spouse is currently receiving Medicaid benefits to pay for the high cost of that care. If you were to pass before…
To bring peace of mind to you today and relieve your loved ones' burden in the future, you can prepare and organize your financial information before you are no longer capable. It will ensure proper management of your financial situation…
Many scientists regard the term special needs as a euphemism for disability. Yet, the difference between the two terms is primarily one of acceptance and preference as both terms describe the four major types of disability: physical, developmental, sensory impaired,…
Sen. Bernie Sanders and Rep. Jimmy Gomez introduced a new bill, "For the 99.5% Act," into Congress on March 25th, 2021. The bill's current form is only 18 pages long, but its potential impact on federal estate and gift tax…