Estate planning is often about family legacy. In many cases, this means taking the assets you’ve worked hard to obtain and using them to better the lives of those you love. Sometimes, simply giving that person a thoughtful gift seems like the simplest method.
What are the reasons you can challenge a will in Colorado?
When someone has died with a will, it is not uncommon for a family member or sometimes a friend or a person with a professional relationship with the decedent to have reason to suspect something is not right about the will’s terms or the circumstances around its execution and signing. This often happens when the testator (person who writes and signs the will) made an unusual change to their estate plan, especially if it occurred at a time when they were suffering from problems related to advanced age or illness.
What's the difference between a nursing home and assisted living?
One of the most difficult aspects of aging is the impact on a living situation. For most people, aging in place is not possible. That could be due to the sheer amount of medical support needed, the availability of family caregivers, or the cost of providing care in a private residence in this manner.
More technology to benefit people with cognitive impairments
Technological innovation continues to make the world more accessible to folks with cognitive disabilities as well as elders with age-related memory loss or dementia. We recently shared information about efforts by Apple to make technology easier to access and step up specialized technical support for people with cognitive impairment and the family and professionals who support them.
The cost of caring for an adult with special needs
Living with and caring for an adult with special needs comes with a wealth of emotional benefits. The love and care you show, and the bond with that individual, can be enriching parts of any adult’s life.
Creditors and paying bills: The role of a personal representative
The role of a personal representative is vital in the administration of an estate. This individual takes on a host of responsibilities, following the wishes of the decedent while navigating the legal system. It is an important job with many moving parts.
Be sure beneficiaries are correct for assets that transfer on death
Your estate plan may use a variety of documents like a will or trust to transfer property to others or for the benefit of others during your life or at death. One way that assets can transfer is through a beneficiary designation on particular kinds of accounts or instruments that pay out to your beneficiary upon your death. These assets are called pay-on-death or transfer-on-death accounts.
Light exposure may benefit people with Alzheimer’s disease
At our law firm, we advise and support clients who care for, support or protect people who suffer from the challenges Alzheimer’s disease and other dementias. These clients may be family members, guardians, conservators, trustees, representative payees and others. In their roles, they seek a variety of ways to help their loved ones or protected persons to improve the quality of their lives and lessen distressing symptoms.
The unique gesture of a bequest or gift to a grandchild
Some grandparents and their grandchildren have uniquely special and strong relationships, which can bring happiness and love to both parties. Both can grow from the intergenerational exchange of ideas and outlooks. Often, a grandparent’s wisdom and life experience can help to guide and provide food for thought to a grandchild, who can in turn support their beloved elder as they age.
