An adult can be incapable of taking their own personal or financial decisions. Such persons become vulnerable to exploitation. Anyone can take advantage of their property and assets. Adults who are mentally unstable or physically disabled fall prey to such situations. However, if any person comes up to take the dependent adult’s Guardianship, there will…
In the articles section you can find blogs that discuss all areas of Estate Planning. By going to the articles section and reading some of the blogs you are able to better educate yourself on the different products and concepts of estate planning.
Estate Planning includes:
- Planning for pass through of assets upon death,
- Planning for minors (Setting up guardianship designations or special needs trusts),
- Utilizing tax mitigation strategies (for example the current gift tax exemption),
- Creating a form of asset protection (from creditors and predators or as a form of marital asset protection),
- Setting up healthcare proxies ( giving someone your trust the ability to make healthcare decisions for you in the event you are unable to do it for yourself),
- Setting up Power of Attorney (enabling someone to make executive decisions regarding your assets and finances in the event you are unable to and it is necessary),
- Medicaid or Retirement Planning (Divesting yourself of assets to qualify for Medicaid or Government subsidies),
- End of life planning using living will or last directive (Indicating burial requests and tube feeding or resuscitation in the event it is necessary).
In the articles section we have gone ahead to make it easier for you to find the topic of interest by creating subcategories. Our goal is to make it simple and easy for people to come to our website in order to educate themselves about the different types of trusts for example Revocable Trusts and Irrevocable Trusts or Special Needs Trusts and Supplemental Needs Trusts.
In the articles section you will find the following subcategories:
In this section you can find a broad stroke of articles/blogs covering all topics related to creating and understanding an estate plan.
A very common concern for people with families or high risk professions for example doctors, lawyers, policemen, firemen, accountants and so on. Newlyweds seeking marital protection and people with large cash liquidity might also be worried about their exposure and seek asset Protection.
At some point in our lives we are done working and are ready to retire and want to know the best practices for retiring. Here you can learn about pass through of assets, divesting of assets and planning for your final days.
Here you can learn about tax mitigation strategies.
Here you can learn about assigning guardianship for minors or assuming guardianship over a loved one who is mentally handicapped.
Everyone wants to plan for events while they are alive and not just after death learn more here.
What happens when someone dies or passes away with a Will.
Flexibility when it comes to planning.
The different types or forms of trusts and their uses.
Planning for Medicaid and Retirement.
Special Needs Trust
Planning for people with disabilities.
Planning for pass-through of assets.
Will and Trust
Different uses of having both documents a Will and some form of Trust.
If you are shopping around or look for ways to vet an Estate planning Attorney/Lawyer and wish to better educate yourself on the topic the articles section is for you.
The ADA act forbids discrimination against any employee who has any kind of physical or mental disabilities. These disabilities affect major life activities which may lead to a lot of serious issues. The major life activities are walking, reading, seeing, communicating, and writing. In 2008, the American Constitution issued The ADA Amendments Act. In the…
Guardianship for Alzheimer’s afflicted adults is essential as it causes significant derangement. Though Alzheimer’s is an age-associated disease, early signs of the disease can be detected at a young age. Family members need to worry when an elderly encountering progressive cognitive impairment becomes insufficient to carry out their self-care responsibilities. Therefore, family members need to…
Everyone aims to achieve a better life. Unfortunately, people with disabilities have several challenges to face throughout their life. Thus, guardianship is vital for those who need help in pursuing their routine. The American government is contributing its assistance to the disabled with ABLE Act. Furthermore, the American government encourages people with mental and physical…
Since childhood, you were responsible for making vital decisions for your child’s welfare. However, after your child turns 18 and transits into adulthood, your authority over your child diminishes. You can manage your child’s affairs if you attain legal guardianship. Thus, you may need to start planning for transition well in advance. Law Of Guardianship…
If a family member needs special care, you need a complete guardianship solution. The guardian should be such that he/she can take care of your disabled loved one in the absence of a parent. It would help if you had someone skilled at taking care of a special needs child or an adult. Furthermore, he/she…
The law of the US regards anybody above the age of 18 as an adult. Specifically, the law hands over the rights to elderly to pursue their lives with dignity and respect. However, vulnerable elders could be compromising with their legal rights if they are not aware of the laws regulating elders. The matter may…
Just as children need guardianship, adults also require someone to take care of them. However, all adults do not need the assistance of a warden. If an adult is active and capable of managing his/her affairs independently, you may not think about appointing a caretaker. On the flip side, incapacitated adults could need help. The…
If you have dabbled in estate planning, you must have come across many confusing words. When it comes to your child’s protection, you must have gone through a lot of terms. Some terms being guardianship, power of attorney, adoption, and custody. All these legal terms and definitions may be very confusing for someone who does…
Have you ever wondered what would happen to a person if they cannot make any decisions on their own? I am not just talking about elder folks; the list of people also includes children and disabled people. It is challenging for these people to make sure they are in healthy conditions and make decisions that…