healthcare

Estate Planning for Everyone-What You Need to Know

Estate Planning for Everyone-What You Need to Know
Estate planning is not only helpful to the wealthy. Everyone can benefit from some basic estate planning. But it can be very confusing, and you can easily become overwhelmed. Estate planning attorneys will help you customize your plan and will explain and advise you about the various options you have when planning your estate. What follows is an estate plan checklist you can use to help you gain a basic understanding of estate planning and how it can help you. 1. Take Care of the Basics There are a few basics that your estate plan should include: • A plan that identifies what happens in the...
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Moving Your Parent to a Care Center

Moving Your Parent to a Care Center
No one wants to think about putting their parents in “a home” or taking them away from the comfort and familiarity of their own house; a house that could have been in the family for generations. Yet, your parent may be too ill or confused to function safely on their own and it is almost impossible to care for an ailing parent single-handedly. There are a plethora of questions that need to be answered. What to do about the high-cost of a care center? What to do about Social Security, Medicare, and Medicaid? How do you protect your parent’s assets? The primary issue is, what kind of care c...
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Helping Your Aging Parents: A Checklist

Helping Your Aging Parents: A Checklist
When we set out to help our aging parents prepare for their retirement years and beyond, there is a lot to remember. Use this checklist to ask questions of, and gather important information from your parents. Once this is completed, you can relax knowing that no matter what the future holds, your parents are prepared and protected. Finances • Gather information about all accounts and where they are held • Get contact information for their advisers (insurance agent, attorney, financial, etc.) • Check to see if any accounts can be consolidated or simplified • Make sure the accounts are titl...
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