How to Help Your Parent Choose a Nursing Home

If your parent has reached the stage in life where he or she cannot take care of him or herself, you may have begun to consider moving your parent into a long-term care facility. At the start of this process a number of questions may enter your mind. These questions could include: How do you… Read More »

Seniors Beware: New Con Targets Social Security Checks

By KATHY KRISTOF MONEYWATCH July 31, 2017, 5:30 AM Seniors beware: New con targets Social Security checks Government officials are warning about a rash of cons targeting Social Security beneficiaries. Posing as agents for the government’s cornerstone retirement program, the latest con tries to trick seniors into “verifying” private information — including Social Security numbers, birth dates and… Read More »

How to Use a Revocable Trust

A revocable trust might also be referred to as an inter vivos trust or a living trust. This is the kind of trust that can be updated at any point in time, meaning that you have greater flexibility over it. You might decide to make changes over who is listed as the beneficiary inside, and… Read More »

Estate Planning A Necessity for New Business Owners

A recent study conducted by RBC Wealth Management identified that even though nearly 40% of American business owners have a complete transfer plan, nearly half of them have not taken the necessary steps to make a will. Even though business owners are more likely to have a wealth transfer plan than their employees with half… Read More »

Mental Competence and Legal Documents

Our legal system functions with the principle that in order for you to sign any legal document, you must have the necessary mental competence to do so. Health care powers of attorney, DNRs, financial powers of attorneys and trusts are typically classified as contracts, but contractual capacity alone is typically not enough to execute these… Read More »