You have probably never sat down and thought about what steps you need to take after the death of a loved one. Consequently, if you find yourself in that position you may not know what to do. Although every experienced is unique, the estate planning attorneys at Nash Bean Ford & Brown, LLP put together a list of practical steps that typically need to be taken following the death of a loved one. Notify the hospital/authorities of organ donation. If your loved one was an organ donor, … [Read more...] about My Loved One Just Passed Away. What Do I Need to Do?
It can be difficult to watch our parents experience the physical and mental deterioration that accompanies the natural aging process. Naturally, we all want to do something to help – but how do we do that without appearing to interfere? An elder law attorney at Nash Bean Ford, & Brown, LLP discusses what you can do to help your aging parents. Worry and Denial Your parents are probably worried about money. No matter how financially secure your parents appear to be, they are … [Read more...] about What Can I Do to Help My Aging Parents?
You probably have a fairly clear understanding of the overall goals of an estate plan. You may also have a vague idea of what needs to be included in a plan; however, until you actually sit down to work on your plan, the actual components of an estate plan remain a mystery. Not surprisingly, this leads to a number of questions. What do each of the estate planning tools accomplish? Which tools and strategies should be included in a plan? What are the most common components of an estate plan? An … [Read more...] about Must-Have Estate Planning Documents
Each year, October is designated as Long-Term Care Awareness Month in the United States, making it the perfect time to make sure you have included long-term care planning in your estate plan. If you have yet to give serious thought to long-term care (LTC), now is the perfect time to do so to ensure that you are prepared when the time comes. The long-term care planning attorneys at Nash Bean Ford, & Brown LLP discusses what you can do to prepare for the need for long-term … [Read more...] about October Is Long-Term Care Planning Month
Although we enjoy a much longer average life expectancy in the United States than our ancestors did just a century ago, the natural aging process will catch up with all of us eventually. With that in mind, why not get started on your long-term care planning this October during Long-Term Care Planning Month? Each year, the month of October is designated as Long-Term Care Planning Month in the United States, providing the perfect opportunity to ensure that both you and your assets are protected … [Read more...] about Are You Planning for Long-Term Care? LTC Planning Month Is a Good Time to Get Started
A well thought out estate plan will typically include more than just a Last Will and Testament. Although every estate plan is as unique as the individual who created the plan, a common addition found in many plans is a trust agreement. Trusts are frequently used in estate planning because of their flexibility and because of the numerous and varied estate planning goals that can be served using a trust. If you decide to include a trust in your estate plan, you will need to understand how that … [Read more...] about What You Need to Understand about Trust Administration
Whether you are creating your first estate plan or updating an existing plan, deciding which estate planning tools and strategies to include will be among your most important decisions. One of the most common of those tools and strategies involves including a living trust in your estate plan. Although you will need to discuss your unique need and goals with your estate planning attorney before deciding if a living trust should be part of your comprehensive estate plan, the estate planning … [Read more...] about Reasons to Include a Living Trust in Your Estate Plan
If you have an estate plan in place you are better prepared than over half of all Americans, according to the most recent surveys. For that plan to continue to protect you and your loved ones as intended, however, it needs to be updated from time to time. Knowing how often to review your estate plan, and when a life event should trigger an immediate revision, is the key to a successful estate plan. As you enter your retirement years, for example, you should take the time to update your existing … [Read more...] about Do I Need to Update My Estate Plan When I Retire?
Powers of Attorney are part of even the simplest estate plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care. This article concerns the Healthcare Powers of Attorney and Advance Directives. Read on to learn more … [Read more...] about The Basics: Powers of Attorney for Healthcare
This is the second in a three-part series of articles on Powers of Attorney. The first article examined the Financial Power of Attorney. This second article examines the Healthcare Power of Attorney and Advance Directive. Read on to learn more … [Read more...] about The Basics: “HIPAA” Powers