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Tag Archives: Power of Attorney
The National Academy of Elder Law Attorneys (NAELA) has designated May the National Elder Law Month. Headquartered in Washington, D.C., NAELA was formed in 1987 in response to the growing legal needs of older adults, people with special needs, and … Continue reading
According to a Rocket Lawyer poll, 57% of Americans say their excuse for not having a Will is that they just haven’t gotten around to making one. The longer you put it off, though, the direr a catastrophic event could … Continue reading
As parents age, many children have to grapple with the fact that they may have to begin making financial and healthcare decisions on behalf of their parents. Normally this comes about due to cognitive issues from which a parent is … Continue reading
Last week’s blog discussed Mickey Rooney’s legal and financial struggles in later years as a victim of elder abuse. Victims of elder abuse are almost always isolated in their surroundings, otherwise they would have the chance to reach out to … Continue reading
Despite their lack of request for assistance, many aging parents may truly benefit from their children’s assistance with their financial well-being. Contrary to what you may believe, I don’t necessarily mean direct financial assistance. Instead, I am talking about assistance … Continue reading
More and more, we are conducting our business on the Internet, whether that’s online banking, shopping at Amazon and other sites, uploading documents and files to the “cloud,” posting videos on YouTube or communicating with high school classmates via Facebook. So, … Continue reading
This is the first of a two-part blog on the importance of identifying, locating, and informing your loved ones about where to find your important documents if they are ever needed in a pinch. If you’re like most people, you … Continue reading
One of the most important decisions you can make is who to entrust as agent over your financial affairs. Executing a General Durable Power of Attorney authorizing someone to make financial and legal decisions on your behalf is an essential … Continue reading
Many people believe they have a complete and comprehensive estate plan in place, only to have their unfortunate family members find out otherwise-after it is too late to correct. Perhaps the most important document an individual can put in place … Continue reading
The benefits of a highly detailed, comprehensive power of attorney are numerous. Unfortunately, many powers of attorney are more general in nature and can actually cause more problems than they solve, especially for our senior population. However, a highly detailed, … Continue reading