Typically, life insurance policies pass outside of the probate process once you pass away. What this means is that the money owed to your beneficiary gets mailed directly to that beneficiary and does not get included in your estate in the probate court.
Today there are over 46 million seniors in the United States and the number is expected to double by 2060. As more parents look to their adult children for caregiving, it is important to understand all the issues that come along with the responsibility of caring for seniors.
Going to the doctor is more than just casual small talk with a stranger. Often, you must explain your ailment quickly and succinctly, trust that your doctor has your best interests at heart and will keep your confidentiality; and make yourself vulnerable and talk about health issues that may be uncomfortable.
Despite high levels of pain in those 65 and older, overall this condition remains to be undertreated. This may be because those with dementia related illnesses fail to properly communicate their pain issues due to either cognitive or linguistic impairments.
In passing the family farm to the next generation each situation is unique and will require thoughtful planning. The transition comes with different concerns based on the types of assets that need to be conveyed and the time frame for the conveyances.
With the booming real estate market all across the state of Maryland, many investors are scooping up rental properties. These properties not only appreciate in value over time, but also provide a source of income.
For those interested in information on Medicare, understand that applying for the benefit sometimes seems like a double-edged sword. On the one hand, Medicare is obviously a good resource because it provides medical benefits to seniors who are often on a fixed income.
Many people are stunned to learn how much information is public record and easily accessible to anyone with internet access. Land records reveal where you live, how much you paid for your home and even photos of the house and land.
The military profession comes with inherent risks. While everyone benefits from proper estate planning, it is especially imperative for military personnel. Having a comprehensive estate plan provides the peace of mind that your family will be cared for in the event of your death or disability.
Senior care is being re-envisioned with the advent of artificial intelligence. There is a need to provide an ever-increasing aging population with consistent and competent health aides.
