You have just been appointed as an agent, or "attorney-in-fact," under a durable power of attorney, a document that, for most people, is even more useful than a will. Your appointment allows you to act in place of the “principal” – the person executing the power of attorney -- for financial purposes when and if that person ever becomes …
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Millions of Americans are currently caring for an elderly family member or friend at home, without receiving regular compensation. Depending on the circumstances, however, it may actually be beneficial for both parties to enter into a formal agreement called a care contract wherein the caregiver accepts payment for the care they are providing to …
According to the Alzheimer's Association, today more than 6.7 million Americans are living with Alzheimer’s. By 2050, it is projected that this number will rise to nearly 13 million. One in three seniors will die with this disease or another form of dementia, and of these, almost two-thirds will be women. Alzheimer’s is clearly on the rise, …
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Singer/songwriter John Mayer in his song, “Stop this Train,” wrote: I’m so scared of getting older I’m only good at being young So I play the numbers game To find a way to say my life has just begun Had a talk with my old man Said, “Help me understand” He said, “Turn 68, oh, you’ll renegotiate” The past few years and …
NOW THAT YOU HAVE A WILL… Here Are a Few Things You Need to Know About Your Will. Where should you store it? Who should know it exists? How do you change your Will. WHERE SHOULD I KEEP MY WILL? You should keep your Will in a safe, but accessible, place. I normally recommend that you keep it in a safety deposit box in your bank, or in a …
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