A huge part of estate planning is preparing for the unexpected. This includes what will happen to you and who will make decisions if you are unable to make them for yourself. That’s where your power of attorney steps in. What is power of attorney? Power of attorney is...
The pros and cons of an irrevocable trust
A trust is a legal place where you put assets. You, the person who owns the assets and puts them into the trust is called a grantor or trustor. Then, you appoint a trustee who will look after the assets and distribute them as necessary. Finally, you choose one or more...
Nursing homes: the cost and what you’re paying for
As you and your family consider a nursing home, surely one of your largest concerns is the cost. Looking at the price of a nursing home can feel overwhelming. As you consider what you are going to be paying for and what will be most beneficial for your situation. The...
How are assisted living facilities different from nursing homes?
As our loved ones get older, we all must face the reality that life and their needs change. It can be difficult for our aging family members to care for themselves or live safely on their own. While there is no shame in needing a little extra help, it can be difficult...
Should I have a revocable or irrevocable trust?
So you’ve heard that you should start thinking about trusts. The first major question that you and your attorney will need to answer is: what kind? A trust is a place where you can place assets for legal protection. In it, a trustee holds the assets and until they are...
