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Showing 11 posts in Estate Planning.

Estate Planning Isn’t Just for the Wealthy. Start Preparing Now.

Handing Over Estate PlanningEstate planning is considered by many to apply only to the wealthy and who have numerous assets. But preparing for the future is a common-sense habit for people of all income levels, and can save your loved ones in time and money in the long run. The current pandemic crisis has many people huddled down and looking at issues that had previously not occurred to them. Read More ›

Categories: Elder Law, Estate Planning

What is National Elder Law Month? - A legacy to caring and planning

Elderly Holding HandsNational Elder Law month traces its history to 1963 when President John F. Kennedy issued Proclamation 3527, declaring the month of May "Senior Citizens Month" and proclaiming that all "informational and educational means should be used" to pave the way for older Americans to have equal opportunities and lead "useful and satisfying lives." In 1980, President Carter changed the name to "Older Americans Month" and in 1988 with a focus on improving the quality of legal services provided to people as they age, the National Academy of Elder Law Attorneys established May as "National Elder Law Month."

In keeping with the spirit behind National Elder Law Month, Foster Swift attorneys Matt Fedor and Nic Camargo have prepared articles and videos to help you and your family navigate the elder law landscape.  

The first video, "What is Elder Law Planning", is a great starting point and a helpful reminder that elder law is much more than estate planning.  We also encourage you to check out Foster Swift's Elder Law Resource Page here and you can also access attorney Jay David's book Estate Planning: You Have to Start in Order to Finish.

Categories: Elder Law, Estate Planning

COVID-19 Pandemic Creates a Renewed Urgency for Elder Law Planning

Helping Mom Out of the CarPlanning for the future is often challenging, with so many "what ifs" to consider. As the news is filled with COVID-19 stories, many individuals are wishing they had not put off elder law planning, particularly estate planning. That said, there is no time like the present. In the video COVID-19 and Elder Law Planning,  attorneys Matt Fedor and Nic Camargo provide a practical framework on how to get started. For adult children  needing to help senior parents plan, the article "Caring for Aging Parents" is a good starting point.

One of the most important things to remember when planning is that every person's needs are different and each plan needs to be customized; that's why it's important to select an attorney with elder law experience. Both Fedor and Camargo are members of the National Academy of Elder Law Attorneys and have helped many seniors develop and implement plans that ensure their end of life wishes are honored. 

Categories: Elder Law, Estate Planning

Estate Planning During Coronavirus

Estate PlanningOne cannot help but be mindful of important end-of-life decisions during this difficult time in our nation. Everywhere one looks, there is apprehension and concern related to the ongoing pandemic. In these trying times, it is natural to contemplate difficult topics such as who will look after our well-being or who will manage our estates should the need arise. Read More ›

Categories: Elder Law, Estate Planning

Estate Planning Awareness Week

Last Will and TestamentOctober 21-27, 2019 is National Estate Planning Awareness week, which was originally adopted in 2008 with the intention of educating the public on what estate planning is and why it is vital for financial well-being and peace of mind. According to the National Association of Estate Planners & Councils (NAEPC), estate planning is an often overlooked necessity and it is estimated that over half (56%) of Americans do not have an up-to-date estate plan. Read More ›

Categories: Elder Law, Estate Planning

Worried about the Future? Here's what you need to do now

The problems that seniors face can erupt suddenly from out of nowhere or can start small and grow more serious over time. A crisis can occur when a senior family member is diagnosed with dementia, has a chronic illness or is admitted to a nursing home. Often after the crisis has already occurred is when the end-of-life documents are pulled out of the drawer and the family calls an elder law or estate planning attorney for help. Read More ›

Categories: Did you Know?, Elder Law, Estate Planning

Estate Planning Potholes

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 ›

Categories: Elder Law, Estate Planning

Three Concerns for Your Estate

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 ›

Categories: Elder Law, Estate Planning

Legal Preparation for Leaving the Nest

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 ›

Categories: Digital Assets, Elder Law, Estate Planning, HIPAA, Powers of Attorney

How to Have “The Talk” with Your Aging Parents

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 ›

Categories: Did you Know?, Elder Law, Estate Planning, Safety

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Helping Hands

For more tools, visit our Elder Law Resource page for additional content. Click here to view/download the Foster Swift estate planning brochure to see what our experienced team of attorneys can do for you.

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: You Have to Start in Order to Finish.”

Meet the Team

Foster Swift Elder Law Team
Watch attorneys Matthew Fedor and Nicolas Camargo explain a brief overview of elder law and how it can help either your or your loved ones.