A durable power of attorney is one of the most important estate planning documents you can have. It allows you to appoint someone to act for you (your “agent” or “attorney-in-fact”) if you become incapacitated. Without a power of attorney, your loved ones would not be able to make decisions for you or manage your finances without asking the court …
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With the end of April in sight, many of us have already long since forgotten about those New Year's Resolutions we might have made --- perhaps you were going to exercise more, spend more time with your family, or watch less TV. However, one resolution you should make and follow through on is to do some legal and financial planning --- this is true …
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Fifteen percent of those who suffer from Parkinson’s disease are under 40, and the rate of the illness increases with age. Although the cognitive skills of a person with Parkinson’s are not always affected by the illness, the hand tremors, stiffness and other mobility problems make everyday life difficult. Stress seems to exacerbate the problems …
When a loved one moves to a nursing home, family members are often shocked to learn that the bill is not paid by Medicare or health insurance. Few families have the money to pay the average nursing home bill themselves. In Connecticut the average nursing home bill is over $120,000 per year. Life savings can be depleted quickly paying these bills. …
After a loved one dies, there are many issues which need to be addressed to wrap up the person's legal and financial affairs. The following is a checklist of issues to consider: - The funeral home should take care of providing you with certified copies of the death certificate. The number of death certificates you need will depend on the assets …
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