Category Archives: Life Changes

National Elder Law Month

Elder Matters App

You can create unlimited profiles. Access to immediate information prepares your trusted agents to immediately answer difficult questions. For example, if you’re in an emergency room the app will provide info to your family members, leading to improved health outcomes. Because you can create as many profiles as you want, use MYLO to store info about yourself, your aging parents, spouse, siblings, children, and friends.

Couples Estate Plan Tips

Couple Getting Married

No matter the month, wedding planning usually includes tuxedos, dresses, rehearsal dinners, guest lists, and the honeymoon. However, too many couples fail to consider an important element that should make every “to do” list – a couples estate plan.

Inventory: Treasure Map Your Estate

Treasure Chest Assets

Distressed children often call estate planning attorneys. Their deceased parents wrote a will or a trust without itemizing an inventory. So the kids have no idea which accounts, insurance policies, or items of real and personal property their parent owned.

Incapacity-Proof Your Estate Plan

Life Incapacity

Most people agree that a long life is good. However, life alone does not guarantee ideal circumstances. For example, longevity, coupled with physical or mental incapacity, can prove challenging.

Trustee Selection

Diagram of Settlor Beneficiary Trustee for RLT

Name someone to serve with you. This familiarizes your co-trustee with your trust. It also teaches your partner about the way you want the trust to operate. What’s more, it lets you evaluate your co-trustee’s abilities.

Estate Planning After Someone’s Death

Funeral Death

Determine which of your loved one’s accounts contains cash that can be accessed for the beneficiaries’ needs and other expenses. The last thing you want is for an item to be repossessed or the electricity turned off due to non-payment.

National Adoption Month: Adoption Law

Adoption Law

If your adoption is not yet final, but you love the child you intend to adopt and want to provide for him or her, you need to specifically name the child in your estate planning documents.

National Adoption Month

Most adoptions involve minor children. Arrange for someone to care for the new child if something happens to you. Appoint a guardian, i.e., a caregiver, in your will. This person will act as your child’s parent if you become disabled or die.