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Many people believe that a will is the best way to provide for their loved ones once they’re gone. While a will offers many important benefits in establishing an asset management plan after death, there are some circumstances under which a trust is a better option for...
Figuring out that your mother needs to move into a nursing home is difficult on everybody. Often, deciding on the best nursing home for your budget and your mother's needs is a multi-month process. As a result, if your mother states that she does not like her nursing...
Unexpected illnesses or injuries or simply the effects of age and time may bring about situations in which people can no longer speak or make decisions for themselves. Having advance care directives in place may help them indicate their preferences for medical care in...
Your parent has been driving for 60 or more years. In the past few months, though, you suspect he or she can no longer safely operate a motor vehicle. Review these signs that an older family member should hang up the car keys to avoid serious auto accident injury....
As a parent of a child with special needs, you probably plan ahead all the time. Depending on your child's needs, you may start every day with a plan to ensure things run smoothly. It is likely difficult for you to imagine how your child would survive without you to...
When attempting to review your estate plan, you can easily feel overwhelmed or even lost. After all, it took you a long time to build the plan. Looking over it once every few years may feel like a daunting task. Fortunately, there are ways for you to streamline it and...
As the parent or close relative of a loved one with special needs, you have an array of factors to explore when creating an estate plan. Focusing on the long-term impact of your estate plan with respect to your loved one with special needs must remain a top priority....
While many adults know that they need a long-term care plan, they may keep putting off the planning process. However, people should create a plan before they become seniors. According to CNBC, people should start planning for their long-term care while they are still...
Unscrupulous individuals often prey on the elderly, and tax season provides an opportunity for them to do so. Understanding common tax scams can help you protect your parent from financial loss. Review these warnings from the IRS about scams to watch out for during...
No one wants to consider the possibility that a medical emergency may arise. Yet, there is always a chance that you will become incapacitated. A Washington living will allows you to dictate what you want to happen in the event that you are unable to vocalize your...
