As some point in your life, you are likely to have an elderly loved one who is unable to fully care for himself or herself . As people in the United States live longer, the population of people over the age of 65 continues to increase. Many people now live into their 80s and 90s with a great deal of independence. Even those who are relatively independent, however, eventually need some type of assistance in most cases. Others may need full-time care because of medical conditions that prevent them … [Read more...] about What to Do If You Suspect Elder Abuse
How to Include Your Pet in Your Estate Planning
Although the old saying is that “dog is man’s best friend”, many cat and other animal owners would disagree. Regardless of what type of pet you own, if you are an animal lover then you undoubtedly wish to provide for your pet in the event of your death. In some cases, simply discussing the matter with a family member or loved one will suffice; however, it is important to understand that the family member or loved one is under no legal obligation to fulfill your wishes with regard to your pet … [Read more...] about How to Include Your Pet in Your Estate Planning
What Does a Trustee Do?
Trusts come in many forms and are created for a wide variety of reasons. Regardless of what type of trust you create, or for what reason you create the trust, the trust must have a trustee. Along with deciding how to fund your trust, you must decide who to appoint as the trustee of the trust. Deciding who to appoint as trustee may be the most important part of the trust formation process given the responsibilities and duties associated with being a trustee. Sometimes, in an inter-vivo trust, … [Read more...] about What Does a Trustee Do?
How Is A Trust Administered?
Many people understand the basic concept of a trust, but aren’t entirely familiar with how a trust is actually administered once it is created. The laws of the state in which the trust was created, as well as the terms of your, trust will dictate the specifics of how your trust is administered; however, there are some commonalities among all trusts. When you create a trust, you must designate a trustee as well as beneficiaries. The trustee will be responsible for administering the trust while … [Read more...] about How Is A Trust Administered?
Power of Attorney Explained
Most people have heard the term “power of attorney”, yet many do not completely understand what a power of attorney is and what the limitations of a power of attorney are. A power of attorney is a legal agreement whereby you, as the grantor, give the legal power to make decisions on your behalf to another person. The person to whom you give power of attorney is often referred to as your agent. A power of attorney can be general or specific. Any type of power of attorney can also be made … [Read more...] about Power of Attorney Explained
Succession Planning – Utilizing a Buy Sell Agreement
If you are a partner, or shareholder of a closely held corporation, you may have been asked to execute a buy-sell agreement by some of the other partners or shareholders. Understanding what a buy-sell agreement is, and how it is used, can help you decide whether or not to enter into the agreement. A buy-sell agreement is a common tool used for the purposes of succession planning for small to medium sized businesses. In essence, a buy-sell agreement simply pre-arranges the sale of each partner’s … [Read more...] about Succession Planning – Utilizing a Buy Sell Agreement
You May Qualify for Medicaid
Most people have heard of the Medicaid program, yet many do not know exactly what services Medicaid covers or how eligibility is determined. Medicaid is a federally funded program that is administered by the individual states. What this means is that there are basic eligibility guidelines mandated by the federal government, but individual states may provide additional coverage or eligibility criteria. The Medicaid program provides healthcare coverage to those who meet eligibility requirements. … [Read more...] about You May Qualify for Medicaid
What Is Medicaid?
Unfortunately, many Americans are without much needed health care coverage. As a result, people often cannot afford preventative health care or treatment for serious medical conditions. If you are without health care coverage, the Medicaid program may be an option. Most people have heard of the Medicaid program, but many do not know how the program is administered, what it covers and how you may qualify. Medicaid is a program that is funded by the federal government; however, the program is … [Read more...] about What Is Medicaid?
45 Lessons Life Taught Me
We received this email written by a 90 year old. This is something we should all read at least once a week! Make sure you read to the end!Column was written by Regina Brett, 90 years old of Plain Dealer, Cleveland, Ohio. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ "To celebrate growing older, I once wrote the 45 lessons life taught me. It is the most requested column I've ever written. My odometer rolled over to 90 in August, so here is the column once more: 1. Life isn't … [Read more...] about 45 Lessons Life Taught Me
A Penny for Your Thoughts…and for Bee Stings?
We received this email and thought it might be worth a try. Let us know if this is indeed true. This information may be something to remember, as this season will soon be here again... It might be wise to carry a penny in your pocket while working in the yard.......... BEE STINGS ! A couple of weeks ago, I was stung by both a bee and hornet while working in the garden. My arm swelled up, so I went to the doctor. The clinic gave me cream and an antihistamine. The next day the swelling was … [Read more...] about A Penny for Your Thoughts…and for Bee Stings?
