Estate Planning for Parents of Children With Mental Illness
Planning for the future of a child with mental illness involves careful consideration of their unique needs and circumstances.
Planning for the future of a child with mental illness involves careful consideration of their unique needs and circumstances.
Each year, the feds issue updated guidelines outlining how much of a couple’s assets a healthy spouse can keep while their Medicaid spouse gets the long-term care support they need.
Sound estate planning can make the probate process run efficiently and smoothly, protecting your estate’s value and legacy and preserving your family’s well-being. An attorney can help mitigate the risks.
Parents of children with disabilities often face extra financial challenges. Understanding available resources is crucial in ensuring that their children receive the necessary care without undue financial burden.
A trustee is the person or institution appointed to manage a trust on behalf of beneficiaries of the trust.
People with disabilities often face barriers to living on their own. However, a variety of community-based options present an alternative to long-term care facilities, helping individuals with disabilities maintain autonomy.
Nearly one-third of young adults don’t have a budget, which creates a huge stumbling block for financial success. Give your children the tools they need to control their money instead of wondering where it went.
If your parent did not prepare for incapacity and name a person to act as their power of attorney, you won’t be able to create a legal document after they are mentally impaired. You will need to claim guardianship.