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What Is the Purpose of an Advance Directive?

The tears trickle down Kevin's cheeks as he stands outside Winnie's nursing home room. The medical staff just finished inserting a feeding tube into Winnie – an act Kevin knew she didn’t want. Unfortunately, Winnie couldn’t express her wishes due…

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A Guide to Determining If You Need Probate

Probate is a standard legal procedure that formalizes how some assets pass from a deceased person to his or her chosen heirs or beneficiaries. Whether or not you require probate depends on the type of property and how you own…

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How Are Medicaid and Medicare Different?

The acronym LASA, which stands for "look-alike-sound-alike", is commonly used when referring to medications. When it comes to federal programs, Medicaid and Medicare, in written form, look alike and they do sound alike but work very differently. Both Medicare and…

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What are the Benefits of Creating a Trust?

We hear this question often. If you decide to create a trust, the following information can help you decide which type of trust is right for you. For example, maybe you have a disabled child and you want a trust…

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The Importance of Estate Planning for Seniors

Americans over the age of 65 establish wills and estate plans at a faster rate than their younger counterparts. Still, a significant number — 19 percent of those over age 72 and 42 percent of those between 53 and 71,…

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Points to Discuss With Your Aging Parent

Your parent is getting on in age, but you don't have a clear idea if there is a plan in place for their care. It is a difficult topic to broach; no one wants to talk about death and the…

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Five Things to Include in an Estate Plan

Estate planning is important for people of all ages, but as we age, the need for planning becomes even more critical. Many people avoid estate planning, because they do not want to think about the end of life, failing health…

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