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February 2017 Archives

Have you made plans for long-term care needs?

As you get older, you may find yourself in need of some form of long-term health care. This situation strikes many individuals over the age of 65, and without the proper planning, you could potentially find yourself among those parties struggling to pay for care. If you worry about the possible financial burden that long-term care could place on you or your family, you may wish to determine what planning options could help you accommodate for such needs.

Think of your estate plan as a plan for your family's future

In all of our posts, we discuss various aspects of the estate planning process. We know that some people think that getting the plan together is a difficult process. These people don't realize that we are here to make the process as painless as possible.

Do you know what long-term care costs might run you?

When planning for end of life, long-term care coverage is always a good thing to think about. Long-term care costs can be covered by savings and investments or by a long-term care insurance plan. Some individuals opt for a hybrid of methods to cover potential long-term care, and all-too-often, people don't make financial plans for these costs at all. Understanding the potential costs associated with care in late life can help you see the importance of planning ahead.

Let your loved one's know what you want with advanced directives

While it is impossible to know what the future will bring, it is possible to do your best to plan and be legally prepared for all the "what ifs" that may come your way. This is something that can take time, but is achievable with the help of an experienced estate planning attorney.

From guardianship to adoption: Reasons to take the next step

If you are acting as the guardian for a minor child, you might want to consider taking the next step of formal adoption. There are all kinds of situations where guardianship and adoption wouldn't mix, and there are plenty of other situations where adoption could help protect both you and the child you care for. Our firm works with families on a variety of family law and estate planning matters, so we can help you understand all options and make an educated decision about adoption. Here are some reason you might take the next step.

Prince heirs file litigation against estate administrator

Prince's sister and half brother have filed litigation against the temporary administrator for the artist's estate. The company in question is Bremer Trust, and the court appointed it to administer the estate until heirship and other matters were fully adjudicated.

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