Category: Aging Parents

How to Pay for Nursing Home Costs

By David Edwards on May 06, 2013 in Aging Parents, Asset Organization, Asset Protection, Asset Protection Trusts, Counseling, not Documents, Funding and Asset Titling, Nursing Home, Why use a Living Trust?, Wills and Trusts

How do you keep life savings from being depleted by nursing home costs? Read our Nursing Home Crisis Plan Case Study to find out one of the ways we helped a client. Quick Summary Mary recently had a stroke and will have to be placed in a nursing facility. She doesn’t want nursing home care [...]

Estate Planning Quiz: 8 Questions to Help You Know Where You Stand

By David Edwards on Apr 16, 2013 in Aging Parents, Divorce Risks, For Your Business, For Your Kids, Grandchildren, Kids' Inheritance, Long Term Care Risks, Marriage & Remarriage, Name Guardians, Nursing Home, Parents, Power of Attorney, Tax, Wills and Trusts

Answer these 8 questions to find out where you stand with your estate planning.

“You’re NOT the boss of me!!”

By David Edwards on Feb 27, 2013 in Aging Parents, Asset Protection, Cost of Poor Planning, Kids' Inheritance, Long Term Care Risks, Nursing Home, Parents, Power of Attorney, Wills and Trusts

We all have control issues. Cole, my son, is 2-years-old now. (The Terrible Two’s!) Yes, we have our share of yelling, “NO!!” and throwing full tantrums on the floor. Toddlers are just beginning to understand how they can exert control on the world around them, which makes for an interesting family life for a while. [...]

Granny We Need to Talk: Questions that Can Stop Elder Fraud in Its Tracks

By elisa on Jan 28, 2013 in Aging Parents, Asset Protection, Asset Protection Trusts, Charitable Giving, Grandchildren, Parents, Power of Attorney, Risks of joint ownership

In our past two posts we talked about how Elder Fraud is on the rise and the types of fraud to look out for. Here are 7 questions to ask your friends and loved ones that can raise red flags about the possibility that they are being set up as a target for Elder Fraud: [...]

Granny, Can I Borrow Your Flat Screen TV? Types of Elder Fraud to Watch Out For

By elisa on Jan 21, 2013 in Aging Parents, Asset Protection, Nursing Home, Parents, Power of Attorney

In our last post we talked about how Elder Fraud is sadly on the rise. In this post we want to give you a heads up about specific types of fraud to look out for. Scams to watch out for from strangers: Fake prizes and sweepstakes Too good to be true investments Donations to phony [...]

Granny Got Robbed: A Series on Elder Fraud

By elisa on Jan 14, 2013 in Aging Parents, Asset Protection, Cost of Poor Planning, Grandchildren, Kids' Inheritance, Parents, Power of Attorney

When you see an article in the paper about a senior being taken advantage of, it often involves a power of attorney. A power of attorney is a great legal tool that lets someone else help you pay your bills or manage finances and property. But, watch out! If you name the wrong person, you [...]