One of the most important aspects of any comprehensive estate plan is determining who will act for you in the event that you are unable to make decisions for yourself. This could be the result of a long battle with dementia or Alzheimer’s or a sudden change because of...
After examining the cost of long-term care, Terry Robison decided that the Holiday Inn is a better deal than a skilled nursing facility. The Dallas Morning News reported on Mr. Robison’s Facebook post, in which he estimated that a skilled nursing facility would cost...
When it comes to estate planning, the cheapest option is to simply do nothing. But doing nothing can turn into a headache down the road for family and loved ones. For instance, Husband wishes to leave all of his property, including the home they share, to Wife. He...
One of the most frequent reactions I hear when I tell someone that I am an elder law attorney is that they are too young to think about “that kind of stuff.” Or that they’re not established enough to have an “estate” to worry about. FALSE. I strongly believe that all...
There are two healthcare documents that every adult should keep in a safe place, and a couple of conversations that everyone should have with their family members or trusted friends. First, who do you want to make healthcare decisions for you, should you lose capacity...
Good news from the Treasury Department for those planning ahead for retirement. Cost of living adjustments mean more money may be tucked away in retirement plans in 2019. 2018 Maximum 2019 Maximum IRA Contribution Limit $5,500 $6,000 401(k)/workplace account $18,500...
