If you don’t plan or have a bad plan it may be necessary to sell your home if your spouse requires nursing home care but that may not be the only option, according to the Boston Globe article “Seniors have more options than selling their home.”
Many terminally ill patients suffer for weeks, even months, as their diseases riddle their bodies useless and fill them with physical pain and emotional suffering. Watching someone endure a slow, painful death may provoke inquiries about preventing those circumstances by including terms in an Advance Directive about assisted suicide.
There are two ways that bankruptcy impacts an estate plan – 1) when someone files bankruptcy and passes away while the proceedings are still in progress, and 2) when someone inherits assets while in the middle of filing for bankruptcy. The type of bankruptcy filed – Chapter 7 or Chapter 13 – determines how the bankruptcy issues intersect the estate planning issues.
Sundowners Syndrome presents as a collection of symptoms that arise in Alzheimer’s patients around the same time each day. In many cases the symptoms start in late afternoon and go well into the evening which lends to the name of the syndrome.
When someone you love, in particular, your spouse, becomes ill you want to help them get well. But what happens when the illness is dementia? A marital relationship that could have spanned years or decades becomes subject to enormous change, and that change is not a slow linear progression of predictability.
Intersecting and pushing the boundaries of divorce, property, probate and contract law, the issue of what to do with frozen embryos after death or divorce is becoming a hot legal topic. There are over one million frozen embryos in the United States.
For those who are extremely wealthy and looking for ways to best protect the wealth for generations to come, a generation skipping trust (GST) may accomplish those goals.
Whether you are passionate about collecting art or simply looking for a diversified avenue to invest, the fine art market continues to hold value and in some cases is even booming. Art is a long-term investment and is considered fairly risky given that art is subjective.
Nursing home abuse or neglect is defined generally as any action or failure to act that causes unreasonable suffering, misery, or harm to the patient. It can include assault of a patient, but can also include withholding necessary food, medical attention, or physical care from the patient.
Most wills and trusts contain language pertaining to survivorship requirements. These survivorship provisions require a beneficiary to outlive the creator of the will or trust by a predetermined amount of time.
