Written Blogs

Guardianship vs. Power of Attorney: Which is Better?

There are two kinds of powers of attorney: financial power of attorney and medical power of attorney. For example, when a trusted person is granted financial power of attorney, that person can make decisions related to the incapacitated person's bank account, including payment of bills and overseeing matters of investment. With medical power of attorney, a trusted person is allowed to make medical decisions on ...
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June 18th, 2018|Categories: Written Blogs|

Choosing Assisted Living Facilities for Veterans

Elderly veterans who need aid may be able to apply to live in special assisted living facilities. They can rent out entire apartments or rooms in these complexes, and they also have some shared spaces. For instance, while some may have small kitchens in their rooms, others will use a shared dining area. The advantage is that veterans then have 24/7 access to special caregivers. ...
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June 18th, 2018|Categories: Written Blogs|Tags: , |

Are You Prepared for the Cost of Long Term Care?

Are you unsure exactly how much long-term care planning you need to do? Maybe you think it's not that expensive or that you'll easily just pay for it out of pocket. Some people can, but financial experts warn that those people tend to be millionaires. After all, the medical cost for a private room in a nursing home is $97,455 per year. So, if you've ...
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June 18th, 2018|Categories: Written Blogs|Tags: , , |

All Blog Posts

Guardianship vs. Power of Attorney: Which is Better?

There are two kinds of powers of attorney: financial power of attorney and medical power of attorney. For example, when a trusted person is granted financial power of attorney, that person can make decisions related to the incapacitated person's bank account, including payment of bills and overseeing matters of investment. With medical power of attorney, a trusted person is allowed to make medical decisions on ...
READ MORE

June 18th, 2018|Categories: Written Blogs|

Choosing Assisted Living Facilities for Veterans

Elderly veterans who need aid may be able to apply to live in special assisted living facilities. They can rent out entire apartments or rooms in these complexes, and they also have some shared spaces. For instance, while some may have small kitchens in their rooms, others will use a shared dining area. The advantage is that veterans then have 24/7 access to special caregivers. ...
READ MORE

June 18th, 2018|Categories: Written Blogs|Tags: , |

Are You Prepared for the Cost of Long Term Care?

Are you unsure exactly how much long-term care planning you need to do? Maybe you think it's not that expensive or that you'll easily just pay for it out of pocket. Some people can, but financial experts warn that those people tend to be millionaires. After all, the medical cost for a private room in a nursing home is $97,455 per year. So, if you've ...
READ MORE

June 18th, 2018|Categories: Written Blogs|Tags: , , |

6 Tips for Passing on a Business

You worked hard to build your company from the ground up. You've been at it for 40 years. Now you're hoping to pass it on to your kids, but you know just how complicated that can get. Tax issues and disagreements among family members are two of the main reasons that these plans fail and businesses fall apart. Keep that in mind when creating your ...
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June 18th, 2018|Categories: Written Blogs|Tags: |

Can a Trust Keep Assets Away From Creditors?

If you've accumulated considerable assets, you want to do everything legally possible to protect those assets from lawsuits, taxes and creditors both while you're still around and after you are gone. There are a variety of ways to protect your home and other assets, including: Liability insurance Declaration of Homestead Dividing your assets with your spouse There are also a number of types of trusts ...
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June 18th, 2018|Categories: Written Blogs|Tags: , , , |

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