Blog

July 31, 2023

When Geraldine Tyler, age 94, relocated to a senior community, she stopped paying property taxes on her home. After the property was foreclosed on, the county where Tyler’s home was located sold the property for $40,000 to recover about $15,000 in unpaid property taxes. Tyler received none of the remaining profits from the sale.

July 24, 2023

When an individual passes away without a funeral plan, responsibility for arranging the funeral often falls on the deceased’s close family members, such as surviving spouses and children. Planning your own funeral arrangements can assist your loved ones in an emotionally challenging time, while also protecting them from incurring extraneous costs.

July 17, 2023

Guardianship administration and litigation are legal processes designed to protect individuals who are deemed unable to make important decisions for themselves, such as elderly individuals with dementia or minors. These legal actions aim to appoint a guardian who can act in the best interests of the vulnerable person and ensure that their rights are protected.

July 10, 2023

A Do Not Resuscitate (DNR) order is a medical order that instructs healthcare providers not to perform cardiopulmonary resuscitation (CPR) on a patient in the event of cardiac arrest. DNR orders are typically requested by patients or their families when the patient has a terminal illness or is otherwise nearing the end of their life.

July 3, 2023

When you assume the role of the health care proxy of a loved one, you make crucial medical decisions on their behalf. If your loved one becomes incapacitated and cannot communicate with health care providers, you are responsible for ensuring health care providers respect their preferences for care.

June 26, 2023

Safe housing that meets older adults’ needs is essential to healthy aging in communities. Many seniors with low, fixed incomes struggle to balance housing expenses with the costs of health care, transportation, and groceries. Finding inexpensive, safe, and accessible housing can be challenging. However, several affordable housing options are available for older people with low incomes.

June 20, 2023

If you're looking for a way to protect your family's wealth for generations to come, a family limited partnership (FLP) may be the solution you need. An FLP is a type of business structure that allows family members to pool their assets together while gaining certain tax and financial benefits. In this article, we'll take a closer look at what an FLP is, how it works, and how it can benefit your family's estate planning.

June 13, 2023

When it comes to marriage, many couples are hesitant to discuss the possibility of divorce. But the reality is, divorce happens and it's important to be prepared for the worst-case scenario. One way to do this is by entering into a prenuptial or postnuptial agreement.

June 6, 2023

Estate planning is an essential process that every couple should undertake to ensure their assets are distributed according to their wishes after they pass away. It involves creating a comprehensive plan that outlines how your assets will be managed, maintained, and distributed to your beneficiaries. Here are some tips of estate planning that every couple should consider:

May 30, 2023

Using survey data from more than 8,000 adults aged 65 and older, researchers have identified eight social factors that may lead to early death in older adults. As part of the study, researchers from Massachusetts General Hospital and the University of California, San Francisco, developed a tool called the Social Frailty Index to examine factors that predict mortality, including age, gender, and medical conditions, as well as social characteristics.