How Estate Planning Helps Avoid Probate Court
Estate planning is the procedure of outlining how your assets will be divided and among whom in the event of your death. Estate planning is deciding who you want to leave your legacy to, and it is important to avoid probate court, a court with power over the administration of the estates of deceased individuals. […]
Legal Advice on Writing Wills and Trusts
Writing wills and trusts are a crucial part of an end-of-life plan, and help ensure that an individual’s final wishes in regards to their property and assets are carried out. Enlisting professional legal assistance is essential to draft foolproof, legally air-tight documents. This prevents any complicated grey areas in legal forms improperly drawn up, resulting […]
Estate Planning For Seniors and Veterans With Elder Law Attorney
Estate planning is especially crucial for the seniors and elderly veterans, as they need to make clear, informed end-of-life decisions regarding their assets and their wishes for once they pass on. Estate attorneys specializing in elder and veteran law have a special skill set and experience with the distinct circumstances of such clients, and can […]
When Should You Get an Estate Plan
Many financial planners encourage you to begin an estate plan as soon as you reach legal age and revise it every three to five years. As soon as you turn 18, you are now accountable for your money, healthcare (in certain areas), and power of attorney. You need to ensure that everything is in order. […]
What is the Medicaid Estate Recovery Program and How Does it Work?
Before using Medicaid for long-term care, it’s essential to understand the impact and implications on a person’s estate entering long-term care. It is important to note each state has variations in laws related to estate recovery. Some states, such as Missouri, are considered “probate only” states, wherein the law is slightly different. Each state has […]
Understanding Life Care Agreements
Life is a beautiful gift! We get to experience many joyful moments and moments of sadness add to the fullness of life. We gain knowledge and wisdom as we age and pass on our expertise to our loved ones. However, as we age, we can become forgetful, experience physical ailments, and a deteriorating mental health. […]