Downs Law Firm, P.C.
More than 1 in 10 family caregivers live at least an hour away from their aging or ailing family member, and many are tending to a loved one from a distance of hundreds of miles.
As Franklin Roosevelt pointed out so well in his First Inaugural Address, “[T]he only thing we have to fear is fear itself—nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance.”
It’s never too early to start estate planning. If you already have a family, getting your personal affairs in order is a must. The sooner you start planning, the more prepared you will be for life’s unexpected twists and turns.
Sometimes, despite best intentions and best efforts, an estate plan leaves unintended problems for heirs, trustees, and others to solve. For example, a trust may have become outdated because of changes in tax laws, the birth or death of family members, or special circumstances, like an heir’s disability.
Receiving an inheritance can be a double-edged sword. On the one hand, it’s overwhelming, thanks to the intense emotions associated with losing a loved one combined with the confusion about what to do with the newly acquired assets. On the other, an inheritance can re-invigorate your finances and create new opportunities for you and your family.
The best way to take precautions and ensure your pet will be well cared for is by doing some estate planning.
Contesting a will simply means that you formally object to the terms and validity of the will.
If 50 is the new 30, and 60 is the new 40, then 70 is the New What? As baby boomers (born 1946 to 1964) have aged, how we see turning a certain age has also changed.
You know that you can always refuse life-sustaining medical treatment. The tricky part comes when you are no longer able to understand your options or communicate your wishes to the health care professionals.
This time of the year is a great time to revisit your estate plan so you can ensure your legacy is protected for years to come.
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