Getting divorced can be an emotionally challenging experience (especially when children are involved), and it usually results in financial hardship. Rarely is the division of assets an amicable process. While your estate plan may be the furthest thing from your…
Smart homes, telehealth, and the internet of things enable many aging Americans to live more safely and independently at home. Elder law and at-home medical technology uses can intersect in several ways. Whether you are a senior looking to stay…
The majority of older adults believe estate planning is important, but less than half of those over 55 have a will, a living will, or health care directives. These documents help guide your representatives to provide the end-of-life wishes you…
As the Internet of Things (IoT) increasingly permeates our lives, it is more necessary than ever to identify the digital property you own and manage it. From smart home devices to online investments and bank accounts, we’ve gone way beyond…
Estate planning is most commonly associated with wills, trusts, and passing assets to the next generation. However, there is another part of estate planning that doesn’t get as much attention. It concerns advance health care planning. Have you thought about…
As Americans age, we are also living longer, which means more of us will require long-term care in the future. It is estimated that seven out of ten Americans will need long-term care during their lives. Long-term care can include…
Elder law encompasses a wide range of legal issues pertaining to elderly or disabled persons. Attorneys practicing elder law advocate for seniors and create legal plans to help them live better. Elder law may include planning for retirement, Social Security,…
The number of older Americans who are widowed or divorced is at an all-time high, prompting new partnerships in their lives. The US Census Bureau reports that more than half of all older adults have only married once, opting to stay legally…
Limited liability companies (LLCs) exist structurally between partnerships and corporations. Frequently, small business owners are aware of the benefits of this hybrid legal entity for financial management, yet an LLC has equal benefits for estate planning as well. In the…
The experts agree that you should not wait until your parent is in cognitive decline to discuss finances with them. It will take time to gather all the information you need for a complete financial assessment of their aging needs.…