In the United States, fifty-three million people care for family members who are aging. In the US, approximately 17 percent of the population is a caregiver, and many are losing sleep, worrying, losing income, and finding it challenging to balance…
According to the National Institute on Aging (NIA), long distance caregiving involves providing care to a person who lives an hour or more away. Caregiving can take many forms, including arranging for in-home care, managing money, paying bills, and providing…
The hospital bills of my uncle are due, so I need to make the payment. In 2002, he named me as his financial power of attorney, so I could write checks on his bank account when he couldn’t, like now.…
Probate litigation is often exacerbated by many family circumstances. In addition, there are two fundamental reasons: families disagree on how to handle mentally incapacitated family members or disagreements on how to dissolve an estate after death. Sibling rivalry, second marriages…
The probate process is the process by which judicial officials, such as probate judges, process a will. While state probate laws may differ, the general process remains the same. The probate process is used to prove a decedent’s will. Probate…
Medicaid is a joint federal and state program that pays for long-term care costs for individuals who meet certain asset requirements. The cost of long-term care often has devastating financial impacts for Americans, particularly the elderly, and family members who…
Wills are legally binding directives that state who will inherit your assets upon your death. They are an integral part of a comprehensive estate plan. In the event of your death without a will (intestate), your assets will be distributed…
In the event that a loved one might need Medicaid assistance in the near future, that person should avoid giving gifts. Gifts in such situations can end up being very, very expensive for people who receive joy from generosity. Medicaid…
It is no stranger to the general population that there is a growing increase for the need for affordable long-term care services in America. Costs are exceedingly expensive between premiums for a long-term care insurance policy and monthly bills from…
The Achieving a Better Life Experience (ABLE) Act establishes tax-advantaged accounts for people with disabilities. These accounts grow and are tax-free. The money in the accounts can be used for qualifying expenses. Before the passing of the ABLE Act in…
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