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Preventing Long Term Care Policy Lapses
November 19th, 2015
Long term care in a nursing home is extremely expensive. One way to mitigate that expense is to purchase a long term care insurance policy. Unfortunately, many of the people most in need of long term care insurance let their policies lapse before the…
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Leaving an Intellectual Inheritance
November 18th, 2015
Most people who amass wealth do not do it so that their heirs can squander it. However, that is what happens in most cases. One way to help prevent this from happening to your wealth is to leave your family with an intellectual inheritance. In "…
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What Did the Scaife Trustees Know?
November 17th, 2015
The contentious battle over the trust of the late Richard Mellon Scaife has taken an interesting turn as new court filings make it appear that at least one of the three trustees may have suspected the trust was being mismanaged. Richard Mellon Scaife…
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How Probate Can Get Expensive
November 16th, 2015
There are many reasons to want to avoid probate for your estate. One of them is that probate can get very expensive. One doctor's bill in a case in New Hampshire illustrates just how expensive. The story of Geraldine Webber's estate has bee…
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One More Scary Halloween Story!
November 13th, 2015
A Halloween riddle for you: What's scarier than ghosts and goblins to Americans 50 and older? Answer: Their finances. That's the upshot of the latest Country Financial Security Index, and two other surveys I've seen lately back it up.…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Power of Attorney, Succession, Taxes, Trust Funding, Weblogs, Will
Fighting Against Abusive Probate Guardianship
November 11th, 2015
For decades, states have granted courts the power to appoint guardians or conservators for elderly or disabled people unable to tend to their basic needs. Most appointed guardians are family members, but judges can turn to a growing industry of profe…
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California Court Upholds Trust that Gives Millions to Lady's Gardener
November 3rd, 2015
A Sonoma County bank overseeing the trust of a wealthy Kentfield divorcee who left a large chunk of her $8.5 million estate to her gardener and other non-family members will be allowed to dip into the fund to defend challenges from the woman's d…
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The High Cost of Dementia
November 2nd, 2015
Three diseases, leading killers of Americans, often involve long periods of decline before death. Two of them — heart disease and cancer — usually require expensive drugs, surgeries and hospitalizations. The third, dementia, has no effective trea…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Medicaid, Power of Attorney, Probate, Trust Funding, Weblogs, Will
Can a Lawyer Profit From an Unethical Will He Drafted?
October 22nd, 2015
A recent appellate court decision in Michigan means that it is possible for attorneys to be unethical and still profit from the wills they create. Every state has a basic ethical rule for attorneys: an attorney cannot draft a will for a non-relative…
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Categories: Charitable Giving, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Probate, Trust Funding, Weblogs
There’s No Place Like Home
October 6th, 2015
Are you (or a loved one) age 65 or older and living at home? If yes, then you probably share the sentiment of Dorothy when she famously declared “There’s no place like home” in the classic film The Wizard of Oz. This is especially true as we ag…
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Categories: Elder Law
