Children are usually the natural advocates for their parents. While they are often willing to honor their parents by becoming caregivers, they often are unaware of the challenges that they face. One challenge is determining whether they have the legal authority to take actions on their behalf. In the absence of proper planning a guardianship […]
In November, National Family Caregivers Month, we celebrate the valuable role that family caregivers play. Recent data show that two out of every 5 adults are family caregivers. That means 39% of all adult Americans are caring for a loved one who is sick, disabled, or living with frailties of old age. For those whose […]
Revocable Trusts are familiar to anyone who has considered estate planning. Basically, the Settlor (person creating the Trust) retains complete control over the assets in the trust, can withdraw the principal for any reason, can change the beneficiaries, and can change the successor Trustees. The problem with a Revocable Trust is that whatever you […]