Those people who are veterans of the United States Uniformed Services may be entitled to a wide array of programs and services given to them by the Department of Veterans Affairs (VA). Their eligibility for a lot of these benefits is based upon their discharge from active military service under other than dishonorable conditions. Let’s […]

Long term care can be really great for those that might need more assistance. There are a variety of services that are provided at home, in facilities, or even out in the community. Some of these services might be: Home-based care such as home health aides Community-based care like an adult day care Facility-based care […]

If you already have an executor named in your will, you may be wondering why you still need a power of attorney. After all, aren’t they essentially very similar? Don’t they do the same things, more or less? The answer is no, because there are some key differences between the two. Let’s take a look […]

“Diminished financial capacity” is a term that refers to a person’s decline in the ability to manage money and financial assets. It also includes an inability to understand the consequences from investment decisions.  While the inability of someone to manage their money is certainly an issue in and of itself, they may also become more […]

Say you have one parent who has passed away, and you’re thinking of adding your name to the deed. Is that a good idea if the house is paid for? What if they had a revocable trust, and you as the child are the sole beneficiary and power of attorney for them? What happens if […]

At this point, we’ve discussed the basics of both living trusts and wills, but is there ever a time when one is more appropriate than the other? The truth is that the answer to this particular question varies from state to state—what works in one place may not work in another. Some states may be […]

When it comes to the law, there are a lot of different words and legal jargon that gets thrown around. Oftentimes this language can go straight over the heads of all the people who didn’t spend years learning what they all mean. One of those legal terms that you may be unfamiliar with is “advance […]

So, you’ve gone through the legal work and you now have a power of attorney. That’s fantastic! But then something happens and suddenly your power of attorney agent has passed away. You may be wondering something along the lines of— “Well, what am I supposed to do now?” And if that’s the case, fear not! […]

Previously, we’ve discussed power of attorney and what it allows, but what we didn’t cover was whether or not it actually expires. If you’ve had questions about just that particular subject, then hang on, because they’re about to be answered. When it comes to power of attorney, we know that it is granted to an […]

Making sure you have a Power of Attorney that is secure and well-drafted will make it easier for your Power of Attorney agent to protect and preserve your assets against any costs of long-term care or nursing home stays. However, a lot of POA documents that are signed by elders are inadequate, and as such, […]