Helpful Trust & Probate Blog Articles
What is Elderly Financial Abuse?
Elderly financial abuse can involve acts of neglect, fraud, or exploitation that adversely affect the financial standing of a senior citizen or a dependent adult. Often, financial abuse of the elderly can involve the elderly trust administration and probate administration
Planning Your Summer Vacation? 5 Things to Consider Now
Before heading out on summer vacation, attend to some estate planning basics. Doing so can give you and your family ample peace of mind. Some estate planning steps include checking your guardian nominations, verifying correct signatures, and ensuring your estate planning documents are properly organized. Find out more via Max Alavi APC, OC Trusts Lawyer.
How a Standby Supplemental Needs Trust Can Protect Your Loved Ones
Estate planning allows you to prepare for all contingencies, including possibly a loved one becoming disabled. One of the challenges associated with a disability is that any financial gift may disqualify the beneficiary from receiving public assistance.
How to Protect Your Retirement Accounts
As long as you’re alive, you enjoy critical protections for your retirement funds. Specifically, the assets in an IRA or 401(k) are shielded from lawsuits, courts, and creditors. But when you die, these protections evaporate, meaning any retirement assets your loved ones inherit from you can be seized.
Is Your Estate Plan Incapacity-Proof?
Estate planning can help you prepare for what happens after you die, but it should also help you plan for possible incapacitation. Simply having a will does not prepare you for incapacitating medical conditions. Instead, your estate plan should include an advance directive, a power of attorney, and a living trust.
4 Dangerous Myths About Estate Planning
Most people understand some of the basics of estate planning: How estate planning is all about preparing for the future, and ensuring your loved ones are cared for after your death, often via documents such as a will