Showing 37 posts in Estate Planning.
Estate Planning Awareness Week
October 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
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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
Top Two Concerns for Your Estate
If you think estate planning is just for the wealthy, think again. Everyone has an estate worth planning for; some are just more complex than others. Facing one’s own mortality can be an uncomfortable subject, but ignoring the inevitable can cause unnecessary pain and conflict for your loved ones. Read More ›
Categories: Elder Law, Estate Planning
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 updated e-book, “Estate Planning: You Have to Start in Order to Finish.”
Survivor's Checklist:
Due to the shock of the death of a spouse or a loved one, the steps of what needs to be done first can be an overwhelming process for the survivor(s). To aid in the breakdown and to act as a tool amidst the emotional days ahead, estate planning Jonathan "Jay" David has assembled a "Survivor's Checklist" of some of the important things that need to be addressed when a spouse or loved one dies.
Resources and Support for Older Adults Living Alone: A Comprehensive Guide (2024):
Below is a comprehensive guide of resources for older adults living alone, empowering them to thrive independently and access essential services. This guide was created and provided with permission by the National Council on Aging (NCOA).
Resources and Support for Older Adults Living Alone: A Comprehensive Guide (2024) (ncoa.org)
Elder Organizer Tool:
Foster Swift has created a free ‘Elder Organizer’ digital notebook to provide seniors and their caretakers with a toolkit that helps organize doctors’ appointments, medications, and more that can be shared online. The tools below are also available on the Elder Law Resources page.
*For those trying to access these links by smartphone, it is best practice to copy/open the link in a separate tab and download the free Google Sheets app from Google Play or the Apple Store.
Need Help Planning?
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.
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