As an Estate Planning/Elder Law practitioner, I continually come across certain widely held beliefs that in fact contain no or little truth. Such beliefs may cause needless worry or conversely, may give a false sense of security when none is warranted. So here is an unscrambling of the most common: Myth 1: If I or … Read more2019 Elder Law Facts
Despite its name, Elder Law is a very new body of law, having only developed over the last thirty years or so. Elder Law has evolved in response to more people reaching the age of 65 and with those people living much longer than before. Since it is such a new field of law, Elder … Read moreWhat is Elder Law?
There are 4 ways to hold assets and each has its own consequences when you die. 1) Assets held in Your Name Alone – will pass by your Will to your named beneficiary/s or by State regulated distribution if you have no Will. This is known as Probate. Try to minimize assets in your … Read moreProtecting Elderly Parents Assets