If you die with or without a will, your estate will be probated in order to transfer the legal title to your property to your will beneficiaries or your heirs. The probate process is handled by a specialized court called the probate court, which deals with the debts and assets of people who have died.…
Everyone should consider drafting a power of attorney in case they become incapacitated and are no longer able to make important decisions for themselves. A power of attorney is a document that grants authority to an agent to act on behalf of the principal. Having a POA is a good idea to protect yourself if…
As some people age, they may lose their ability to think clearly and to make informed decisions. If you are caring for an elderly loved one who is no longer able to make rational decisions about his or her finances, health care or other important areas, you might want to seek guardianship of him or…
If you are starting the process of planning how to handle your estate, you may have heard of a power of attorney. This is a very important document that should be a part of your estate plan. The professionals at Elder Care Direction can help you to understand the different types of powers of attorney…
If you are preparing to start the estate planning process, you might wonder what a trust account is. The professionals at Elder Care Direction are available to guide you so that you have a better understanding of the different types of trusts that may benefit to you and your family. Trust accounts are legal documents…
If you are chosen to serve as an executor of someone else’s estate, you will have several duties such as paying bills, taking an inventory of the assets, and distributing the proceeds to the beneficiaries. In order to do all of these things, you will first have to be given the power to act by…
Either a living trust or a family trust can be used to accomplish the goals that you have for your estate. One type may be better for you over the other type, depending on your particular needs. The team at Elder Care Direction can help you to understand the differences between family trusts and living…
If you are thinking about getting hospice for your loved one, you may wonder when the right time might be. You might want to get hospice care for your loved one as soon as you can. Hospice professionals are specialists in providing end-of-life care. Getting hospice care for your loved one as early as possible…
Many people who come to Elder Care Direction for help with senior planning are confused by the Medicare and Medicaid programs. They are vastly different, and it is important to understand the differences between each one. Elder Care Direction can help people with Medicaid and Medicare planning so that they are better prepared for their…
It is important for you to understand the options that you will have for long-term care if you need it in the future. While you might not want to think about your potential care needs, the Department of Health and Human Services reports that nearly 70 percent of today’s 65-year-old people will need some type…