Happy Thanksgiving!
Thanksgiving is a very special holiday for me. With teenagers in the house, it feels like every year (maybe even every month) brings something new. While I realize our lives will continue to grow and change, I am truly grateful for traditions that keep us grounded and connected with family, extended family and friends. Your Thanksgiving may be steeped in tradition or filled with new experiences and interactions,.No matter how you celebrate the day, I hope it is filled with the things that make you smile.
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Ways to Approach "Tough Conversations" with Mom or Dad
Many adult children realize that they have no idea where their parents stand in terms of having the right plans in place to protect their assets and wishes if something happens to them.
Do their parents have a will or trust and, if so, where are these and other important documents located? Should assisted living or nursing home care become necessary, what plans are in place to cover the costs? Will mom or dad even have enough money after these costs to carry them through retirement?
These are some very important questions that need to be asked. That being said, no matter how good your relationship is with mom or dad, the subject can be a difficult one to approach.
(read more)
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What is a Health Care Agent?
And...How do I Choose the Right Person for the Job?
I work with families all the time who are literally barred from making medical decisions on their loved one's behalf because they didn't have the proper documentation in place when an accident or incapacity occurred. In many cases their only solution is to pursue a probate court guardianship.
It's a devastating situation, and, unfortunately, something we are seeing more and more of as strict privacy and HIPPA laws are put into place.
(read more)
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Nursing Home Resident's Son Liable Because He Signed Separate Financial Responsibility Contract
When admitting a loved one to a nursing home it is very important to make sure that you limit any personal responsibility. A recent Ohio case highlights the issues involved.
An Ohio appeals court ruled that a nursing home resident's son is personally liable to the facility for his mother's expenses, even though the admissions agreement did not impose personal liability on him, because he signed a separate contract assuming financial responsibility.
(read more)
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 Is It Time to Take Action?
Contact us and find out how easy it is to set your estate plan up. You'll sleep better at night knowing things are taken care of the way you want.
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