What Does Incapacitated Mean in Elder Law & Estate Planning?
Someone who is incapacitated cannot make personal decisions or understand legal documents. An incapacitated person requires a surrogate decision-maker, such as an agent under a health care power of attorney or a guardian.
6 Ways the Sandwich Generation Can Plan for The Future
Many couples in their 30s and 40s are providing for their families and balancing care duties between the needs of children and parents. Managing it all takes preparation, organization, and communication.
What Will Your 2024 Social Security Benefits Look Like?
In 2023, recipients of Social Security benefits saw the biggest increase in decades in their monthly checks. Although their payouts will indeed rise again in 2024, the cost-of-living adjustment (COLA) will be considerably more modest.
Medicare Part B Premiums, Deductibles Going Back Up in 2024
In 2023, seniors were happy to see their Medicare Part B standard monthly premiums and annual deductibles go down for the first time in more than a decade. Unfortunately, that’s not the case for 2024, when these charges will be back on the rise.
Medicare Extra Help Program Set to Expand in 2024
Seniors and disabled citizens will receive more access to the Medicare Extra Help Program as of the beginning of 2024.
Lady Bird Deeds: A Different Kind of Life Estate
If you are a property holder, you may use a Lady Bird Deed to transfer real property to a specific beneficiary while retaining certain rights to the property.
What Are the Drawbacks of Naming Beneficiaries?
Although in many situations the advantages outweigh the disadvantages when selecting beneficiaries, there are always exceptions.
Innovative Long-Term Care Housing Solutions for Seniors
America has three major housing issues for seniors: affordability, physical accessibility, and access to medical care and other services. There is a need for creative solutions to housing.
Prior Authorization: Why Is It Holding Up My Medical Care?
You may find yourself having to wait until your insurer approves coverage for your medical treatment before you can move forward.
Decluttering Is the New Estate Planning
If you have been meaning to declutter your house but have struggled to find the motivation, maybe it is because the usual arguments in favor of ridding your house of clutter do not resonate with you. You are not planning to move or renovate your house, and going through the boxes and the spare bedroom and deciding which knick-knacks to throw away sounds like the opposite of joy. Did you know that decluttering can be an important part of estate planning? Indeed, decluttering now while you are healthy might go as far toward preventing conflict and stress among your family members as your will or living trust.
