Category: Elder Law
Elderly people or those who are disabled and unable to make proper decisions or care for themselves have long had court appointed guardians or conservators. These are typically family members, but courts are increasingly turning to a new business: guardians for hire. When appointed by a judge, these individuals hold authority over their wards, including […]
Of the three leading diseases that kill most Americans, two are well known for being financial nightmares: heart disease and cancer. The cost of drugs, multiple surgeries and hospitalization are widely recognized as presenting huge financial challenges to families, even when there is health insurance. But less known is the high cost of dementia. A […]
Depending on your perspective, this case is either proof of what proper estate planning can do or an exercise in frustration in a case of elder financial abuse. A court decision has ruled that a bank may use funds from an estate to defend a court battle where the daughter of a wealthy woman is […]
With the holiday season on the horizon, the end of year financial season has arrived. It’s time to deal with money issues relating to income tax planning, charitable giving and scams and the annual check up on family finances. There is not too much in the way of tax drama in the final weeks of […]
One of the most commonly-asked question to estate planning attorneys is “How much money do I need to retire?” The two questions underlying that question: how long will I live, and do I have enough money? If your health is good and your health habits are good, you may live longer than your parents, although […]
A word to the wise: if you cannot find an independent financial report on an investment property, usually that is because it does not exist. A resident of Naperville, Illinois scammed a group of retirees with a convincing story of lucrative Turkish bonds that both he and his family were personally invested in. No one asked […]
Cancer patients from low-income, at-risk populations face an even tougher road to a cure than those who are well-off. Even if they somehow manage to obtain quality health care and survive their illness, massive medical debt can leave their lives in shambles. An estate planning attorney can be a valuable ally, as can not-for-profit organizations […]
Law students at The University of Nebraska’s College of Law are helping military veterans with estate planning in a special clinic that gives the veterans help with wills and other documents while giving law students practical experience. More than fourteen veterans have received free counseling, and it is hoped that the Veterans Advanced Directive Clinic […]
You are working hard in your pre-retirement years to max out your retirement funds. And while your money should always work, when you do retire your money is going to need to work even harder. It’s time for you to demand more from your money! If you think of your money as a partner in […]
Helping a loved one when they are not able to care for themselves, whether because they are ill or frail due to advancing age, is a challenging task. Oftentimes an adult child is tasked with communicating with doctors, managing a parent’s healthcare and their finances as well. It is a difficult task, but there are […]
