Your parents may reach a point where they can no longer live on their own. Not only that, but as we age, the costs of living increase as we seek more and more complicated medical care. Read More ›
Michigan roads are notorious for being rough, unsteady and full of potholes. Sooner or later, your car may hit one that you didn’t see coming, costing you precious time and money. However, potholes are avoidable if you know where they are. The same is true with estate planning. Read More ›
No family is perfect. Families will fight, not speak to each other for extended periods, or in some extreme cases, face each other in court.
This is especially true as parents advance in age and as they become more dependent on their children for assistance, old conflicts can come back to the forefront, leading to quarrels among siblings as well as between parents and their children.
Often these disputes begin not out of greed but for a variety of other reasons:
- Internal difficulty in coping with a parent in decline
- Conflicts, power struggles and rivalries that are dug up from the past
- Disparities and inequities in the burden of care
- Disagreements in both medical decisions and in living arrangements
- Financial concerns over the care of a parent
I’m sure you’ve spent a wonderful vacation at a unique and dreamy location and thought to yourself, “I wonder what it would be like to live here?” If you answered that question by investigating the details of purchasing a vacation home in that perfect spot, it would be wise to consult with an attorney early in the process to avoid getting into hot water later on. Read More ›
Elder clients often approach attorneys with questions about Medicaid and often are not even sure what it is. Read More ›
10,000 Americans turn 65 every day.1 With an aging population, come a variety of new issues for society to address. One of those issues is elder financial abuse, which has been a growing problem over the past decade. According to a study in the American Journal of Public Health, 1 in 18 older “cognitively intact” adults falls prey to financial fraud or abuse in a given year. Read More ›
It would be wonderful to give you an absolute yes or no but like so many things, it is important to analyze how your specific circumstances factor into the answer. Read More ›
When it comes to transferring possessions upon your death, you can either make it easy on your loved ones through proper estate planning or you can leave it up to the court system. Prior planning is the more efficient and effective option. There are a variety of planning methods available depending on your unique situation.
For example, Revocable Living Trusts are commonly used to transfer assets after death, independent of the legal system in many states. Read More ›
As spring winds down and summer sets in, many parents and students look forward to graduation day. After the celebrations, parents get ready to send their children, many of whom have never been away from home, off to college. Read More ›
As children grow into adults, they often rely upon their parents for guidance when facing tough life questions. Sage advice from mom about career paths or from dad regarding relationships, garnered from their own life experiences, helps soften the pinball-like transition into adult life. Read More ›
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E-book Covers Estate Planning Essentials
Engaging in estate planning, while essential, is often emotional and generates many questions. How do I protect my spouse and my children if something happens to me? What happens if I become disabled before I pass on? Who will take care of my pet after I'm gone? How do I pass my business on to my children? These questions and more are addressed in Jonathan David’s recently released e-book, “Estate Planning: What You Need to Know.”