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Document Signing While Social Distancing
The recent pandemic has made the issue of signing documents, especially executing a will, more difficult due to the social distancing requirements and personal safety concerns. Law firms, as well as other businesses, have been forced to rethink many procedures that relate to document signing.
July 20, 2020
Creating a Life File and Keeping it Digitally Safe
A “Life File” consists of any documents or log in credentials that would be required to assist your executor or guardian in accessing and managing your health and financial affairs should you die or become incapacitated. Everyone over the age of 18 should have an up-to-date “Life File” and provide the means for it to be accessed by a trusted friend or family member.
July 17, 2020
Organ Donation as Part of Estate Planning: A Provision for Anatomical Gifts
In the United States, all states have enacted some version of the Uniform Anatomical Gifts Act which governs the process of organ donation for the purpose of transplantation. Any adult may choose to become an organ donor. You make this choice by either registering with the MVA or indicating your intentions in your estate planning documents.
July 16, 2020
Initiating Estate Planning Conversations with Aging Parents
Both aging parents and adult children may be apprehensive about broaching topics related to long term care, incapacity and/or estate planning. Children may not want to appear greedy while aging parents may not want to show any vulnerability.
July 15, 2020
Top Five Questions to Ask Nursing Home Administrators About the Pandemic
If you have a loved one currently in a nursing home, you may be concerned about the care received, risk of exposure to COVID19 and other deadly illnesses, and precautions being taken to ensure safety.
July 8, 2020
Avoiding Caretaker Burnout: Causes and Solutions
Many seniors rely on caretakers to assist them with daily living. These caretakers may be paid or unpaid, family or no relation. Regardless of the situation, many caretakers give so much time and energy to those in their care that they often neglect their own needs.
July 6, 2020
What Happens to Timeshares During Probate?
Timeshares can be tricky because they often require huge maintenance fees and may not be used as often as intended when purchased.
June 30, 2020
Using Intra-Family Loans to Accomplish Estate Planning Goals
Lending money to family members can be a very effective way for wealthier family members to help less wealthy family members buy homes, start businesses or get out of debt without the burden of outright gifting. There are rules they must be followed or the loan could be treated by tax authorities as a gift.
June 30, 2020
Funeral and Internment Benefits Available to Veterans
The United States Department of Veterans’ Affairs (VA) offers financial assistance for burial and other related costs for veterans, their spouses and their dependent children.
June 30, 2020
Estate Planning Issues Arising from Adoption
The process of building a family through adoption creates new legal family ties while simultaneously severing old ties. These legal ties create a host of rights and interests in the context of estate planning which impact more than just the parties involved in the adoption.
June 17, 2020
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