Estate Planning: Funding Your Revocable Living Trust
Trust funding is the process of transferring the ownership of your accounts and property to your trust during your lifetime.
Getting Help for a Parent With Memory Loss
Many people mistake dementia symptoms for normal aging. However, memory problems and marked cognitive decline are not considered a normal part of aging and should be assessed by a medical professional.
Beware DMV Text Scams Targeting Older Adults
Scammers have been sending phishing scams, claiming to be an official tolling agency or the Department of Motor Vehicles (DMV) and demanding that the recipient pays their unpaid tolls or traffic tickets.
Can You Give Away Real Property and Avoid Probate Court?
If you plan to pass your home on to a family member through your will, keep in mind that your loved one will likely need to go through the court process known as probate to properly transfer the home into their name.
Estate Planning for Pets? 3 Famous Pet Inheritance Stories
A pet trust is a legal tool that can be put into place to ensure that your dog, cat, or other companion animal receives care even if you are no longer there to provide it. Consider three famous pet trust cases and the lessons you can learn so your furry family members can be protected through your plan.
Beyond Medical Care: Personal Benefits of Advance Directives
Establishing an advance directive can serve as a powerful expression of your personal values and autonomy.
How Pairing Older Adults With Older Pets Can Benefit Both
Adopting a pet, especially a dog or a cat, offers benefits such as constant companionship and unconditional love. For older adults, the benefits of a senior pet can be even greater.
Why Estate Plans Need Dementia-Specific Advance Directives
With more than 7 million Americans living with Alzheimer’s, having a “dementia directive” as part of one’s estate plan can serve as a way to help improve their care at the different stages of disease progression.
Estate Planning Is a Show of Respect and Love for Family
No one expects to lose the ability to make their own decisions, but conditions like dementia, strokes, or traumatic brain injuries can strip people of that ability – sometimes earlier in life than expected.
Why Aren’t More Older Adults Thinking About Long-Term Care?
A recent survey of American adults aged 50 to 94 finds that many seniors are unprepared for the financial and logistical aspects of long-term care, with widespread misconceptions about coverage options.