While you may want to encourage and support your parents' wishes to remain independent, questionable decisions or conduct may have you feeling concerned. As your parents age, deterioration of their health may impact their ability to make coherent and responsible...
Year: 2021
When should you review your estate plan?
After creating your estate plan, it is likely a load off of your shoulders. But unfortunately, managing your estate does not end with the creation of this plan. In fact, you must stay on top of updating it indefinitely. In order to update your plan, you need to do an...
3 reasons to create a special needs trust for your child
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...
What if my mother hates the nursing home?
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...
Choosing a health care proxy
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...
Signs an elder loved one should no longer drive
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....
Intestate succession in Washington
Most people in Washington may simply assume that their loved ones will get around to creating their estate plans (without any prompting whatsoever). Yet statistics show that is often not the case. Indeed, according to information shared by Forbes Magazine, less than...
Where should I start with special needs planning?
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...
What areas of your estate plan should you focus on in review?
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...
Reviewing some perks of special needs trusts
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....