Category Archives: Assets

Medical Equipment Left Behind

Financial condition, Business man using stethoscope to check model house on natural green background, New home and real estate concept

Unless someone carefully declutters throughout their entire lifetime, it is unlikely that they will die without possessions. What’s more, when someone struggles at the end of their life with an ailment or age-related decline, they may require certain medical items: 

Choosing the Right Trustee

Trust banner web icon for Mutual Fund and investment, Settlor, Trustee, Beneficiary, Property and manager. Minimal vector infographic.

This person is a trusted decision maker who is tasked with handling all matters that relate to your trust. Depending on the type of trust, you could be the trustee in the beginning and need someone else to act as trustee only when you are unable to manage the trust, or you could select a trustee to act immediately.

Joint Trusts for Unmarried Couples?

Close up of old English dictionary page with word unmarried

If you are in a long-term relationship with your partner but remain unmarried, you may want to take advantage of these benefits. However, joint trusts do not work for unmarried couples. This may not seem fair. However, there are some important reasons why unmarried couples should consider separate rather than joint trusts.

Unemployment: How to Protect Your Family

Unemployment Rates Soar

Seek out resources if you lost your job through no fault of your own. Some employers offer severance packages. And in many cases, you could collect unemployment benefits. Depending on state law and your former employer’s policy, a payout of accrued vacation and sick leave may fund source of liquidity to sustain you for a while.

Celebrity Trust: Elvis Presley

Elvis Presley Ceelbrity Trust Lisa Marie

Born in 1968 to Elvis and Priscilla Presley, Lisa Marie followed in the footsteps of her father as far as heart trouble. While her father died from a heart attack at the age of 42, she died due to heart problems nearly 46 years later, in January 2023.

Remodeling May Impact Your Estate Plan

Architect house project concept, desktop computer on white work desk showing CAD sketch, minimalistic living room interior design in background, illustration. Generative AI

Between planning, permitting, and construction, the home remodeling process can take months to complete. But even after the finishing touches have been applied, you may still have work to do. If the home is part of an estate plan, a remodel can affect that plan and require changes to it. To keep your estate plan up to date, make sure to discuss a home remodeling project with an attorney.

Guardianship & Conservatorship

guardianship and conservatorship papers

Elder law lawyers may also focus on representing individuals with special needs and their families throughout the process, including attending hearings and communicating with the court. Navigating the legal process can be complex and vary by state. An elder law, disability, or special needs attorney will take all necessary steps and meet all deadlines throughout the legal process.