The United States veteran population is some 20 million strong, many of whom face health challenges separate from non-Veterans. Due to their military training, Veterans have a well-defined culture that is strong on values, codes of conduct, respect of superiors, and customs to name a few.
Many elderly people who are diagnosed with dementia are unprepared for future care. Once this type of diagnosis is received, preparing for the future can no longer be avoided.
As more and more COVID-19 vaccines are being distributed to nursing homes throughout Maryland, residents are hopeful that the pandemic is coming to an end. They are also hopeful that increased visitations will begin to occur in nursing home facilities.
Children with disabilities may require more financial assistance and on-going personalized care that requires significant planning and structure. Most parents find that a special needs trust is their best option for accomplishing their goals to provide continued assistance.
There has been a lot of speculation about the new Biden tax plan and whether it will be enacted with retroactivity causing the new legislation to take effect on January 1, 2021. The start date matters because high net worth individuals are looking for ways to maximize the federal estate tax exemption allowed under the Trump administration.
A key mistake when it comes to Medicaid, is not carefully planning for your assets, according to the Pauls Valley Daily Democratarticle titled "Misunderstandings create traps in planning."
Comprehensive estate planning includes helping you to name agents in power of attorney documents to step in and manage your affairs in the event you become incapacitated. Often when choosing these agents, different individuals are selected to fill different roles.
What options do you have if you are listed as a beneficiary to a will or trust and you do not want the property offered? You have the right to refuse acceptance for any reason.
Blended families need extra attention during the estate planning process because the inheritance rights of stepchildren are not as clear as those of biological children. One of the biggest mistakes you can make is failing to do any estate planning at all.
Most of us don’t like to think about the possibility of something harmful happening to us or a loved one. Because of this, we rarely think about how to protect ourselves and our loved ones if the worst were to happen.
