Category Archives: Elder Law

  • Home
  • Category Archives: "Elder Law"

A Guide for Understanding the Probate Process

A Guide for Understanding the Probate Process
The probate process involves authenticating the deceased individual’s will, assessing the assets, settling debts and taxes, and overseeing the allocation of the inheritance. After an asset-holder dies, the court will appoint a valid will's executor to administer the probate process. In the absence of a will, the court will appoint a state administrator to handle...
Read more
Permalink
Elder Law, Estate Planning & Administration
, , ,
Comments are closed
93
0
0

Establish Advance Directives So You Can Draw the Line, Not Someone Else

Establish Advance Directives So You Can Draw the Line, Not Someone Else
The Covid-19 pandemic has brought an important question to the forefront; how far would you want extreme life-prolonging measures to be tried? For us who are particularly vulnerable – seniors, those with compromised immune systems, those already struggling with medical conditions – this question is particularly stark. Many people are familiar with DNR orders, “do...
Read more
Permalink
Elder Law, Estate Planning & Administration
, ,
Comments are closed
100
0
0

The Hidden Costs of Dementia and How It Affects Families

The Hidden Costs of Dementia and How It Affects Families
There are direct and indirect costs associated with Alzheimer’s and other related dementia diseases policymakers have to consider. Direct costs, in this instance, are the medical and social/non-medical care costs related to dementia; on average, expenses included $273 per month spent on medical supplies according to a 2018 study on the costs of dementia care....
Read more
Permalink
Elder Law, Estate Planning & Administration
, ,
Comments are closed
110
0
0

How to Incorporate Cryptocurrency Into Your Estate Plan

How to Incorporate Cryptocurrency Into Your Estate Plan
Cryptocurrency is a digital asset and as such needs to be addressed differently than traditional estate planning assets. Crypto-assets may comprise significant individual wealth in the forms of cryptocurrencies like Bitcoin and noncurrency blockchain tokens. If you own any of these asset classes, addressing complex challenges to secure, transfer, protect and ultimately gift crypto-asset wealth...
Read more
Permalink
Elder Law, Estate Planning & Administration
,
Comments are closed
153
0
0