The Risks of Adding Your Kids to Your Deed
Adding children to a property deed often appears to be an attractive estate planning solution. Many parents consider this option to spare their children the hassle of probate, viewing it as a simple way to transfer property and avoid court proceedings. But property ownership isn’t that simple. Indeed, what appears to be a simple solution […]
How Will You Pay For Long Term Care? There Are Only Three Options, and Two of Them Could Leave You in a Tough Spot.
There are few certainties in life. Yet one thing is increasingly clear: as you age, the likelihood that you or a family member will need long-term care increases.
And most people have three options to pay for long-term care, and many of us can’t rely on two of them. And if you do, you could end up in a tough spot.
Is An Independent Living Facility Right For You
Is An Independent Living Facility Right For You? Housing options and the associated costs are top priorities for many seniors. Today, the housing market is unpredictable, and many seniors living independently also have concerns about continuing their lifestyles. Moving to an independent living facility may be the best choice to accomplish your financial goals and […]
Don’t Wait Until It’s Too Late: Why Your Loved One With Diminished Mental Capacity Needs a Durable Power of Attorney Today
If you care for a loved one with diminished mental capacity, including a dementia or Alzheimer’s diagnosis, don’t wait until it’s too late for them to execute a durable power of attorney. Otherwise, you’ll be headed to court. What is a Durable Power of Attorney? A durable power of attorney is a powerful document that […]
Long Term Care Costs Will Likely Affect You In The Future. Here’s Why And How.
We’re living longer. That means more of us over the age of 65. Currently, there are approximately 56 million Americans over the age of 65, and the U.S. Census predicts that by 2030 that number will increase to approximately 73 million. Moreover, by 2034 older Americans will outnumber children for the first time in our […]
