What Is a Trustee in Estate Planning?
A trustee is the person or institution appointed to manage a trust on behalf of beneficiaries of the trust.
Financial Help for Parents of Children With Special Needs
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.
Proper Estate Planning Reduces Issues of Probate
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.
Independent Living for People With Disabilities
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.
Claiming the Guardianship of an Elderly Parent
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.
High School Graduation: A Good Time for Financial Planning
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.
Managing a Loved One’s Digital Footprint After They Pass Away
Online profiles and accounts aren’t addressed in most legacy care plans because most adults don’t have a will. As your online presence grows professionally and personally, taking charge of your digital assets and plans for them after you die becomes…
A Person Who Lives Alone Is at Greater Risk of Developing Dementia
In America, aging in place has become the norm for many aging adults. Nearly all older adults prefer to age in the comfort of their long-time homes and familiar community surroundings. Aging in place often means living alone. Pew Research…
What Are the Consequences of Disinheriting a Child?
Generally, parents treat their children equally when it comes to money or property inheritances. But sometimes, parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be that a…
Special Needs Children: Planning for Their Future
In legacy care planning, special needs children require special consideration. You’ll need to assess how your child will be able to function in the world as they age. There are many questions to answer, including: What is the child’s long-term…