Downs Law Firm, P.C.
Amid headlines of COVID-19 infiltrating nursing homes and large senior care facilities, it’s understandable that many Americans would prefer to avoid assisted living environments as they grow older. However, the trend to age in place predates the pandemic. Remaining at home was the first choice for 76% of Americans age 50 and older, according to a 2018 AARP survey.
Most states recognize inheritances as separate property, and many experts say keeping them separate is often the best approach.
Don’t waste your time regretting the years you spent without sufficient activity — getting moving at any age will prolong your life.
Forty-one percent of participants in a new survey said they don’t trust assisted living communities and nursing homes to keep older adults safe amid the coronavirus pandemic.
Tenancy by the entirety, commonly abbreviated as TBE, is an ownership structure for real estate that’s used when the owners are a married couple. Under a TBE arrangement, each spouse owns an equal interest in the property, and the property will transfer seamlessly to the surviving spouse, in the event of one spouse’s death.
No one has to accept inherited assets. Inherited assets can be disclaimed.
Some states are great to live in, but not so great to die in.
The list of things you need to do after someone dies can seem endless, especially during a time when you are also grieving.
Part of estate planning includes helping with the ever-escalating costs of education for children and grandchildren.
We are now in a global pandemic in which many family caregivers will likely experience the same kind of shock, uncertainty and fear that I did. We worry that COVID-19 may sicken our loved ones or as caregivers that we may somehow bring the virus into our homes. We also fear that we might fall ill and leave our care recipients in need. It can be challenging to keep a caregiver’s spirits up.
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