Have you ever wondered what considerations you should make when naming your beneficiaries? Most people go about this without giving it much thought. Few people remember to check periodically. But situations change. The problems this creates can be a real headache for heirs and result in unanticipated and unwanted situations. Read more for tips on naming your beneficiaries.
Families coping with the financial strain of COVID-19 have found themselves discussing readjustments in home life. As a result of the economic impact, adult children are moving back in with their parents. In 2008 when the housing market and economy collapsed and children moved back in with their parents, cases of elder abuse soared. Read more for what we can do to help prevent similar mistakes ahead.
As an elder lawyer I know that five out of ten of us will go to a nursing home – and that four out of ten of us will die in one. For some of us, a nursing home, like a hospital, is a place where we go to recover, an interruption in our otherwise more-or-less-manageable lives. For most of us, a nursing home is a place where we go to live, the last place we will live. What will you take to the nursing home?
When wondering how Social Security has fared during the pandemic, you may be surprised to find that low interest rates have made it more valuable. It may be worth more than you think, but it needs your help.
Every choice we make sets us on a path toward another. Inevitably, the choices narrow. If you’re wondering how to plan your life for the future, an elder lawyer can guide you.