Musings to give you insight and clarity on all things estate planning and elder law.
It was hard for me to believe that one guy could have so many firmly held but outright wrong beliefs as the man who sat before me in my conference room. The clients I work with are usually some of the most interesting and friendly people you’d ever want to meet. Unfortunately, Joe did not fit that description.
Elbert and Florene were good people. Their story probably sounds pretty similar to the experiences of your own family. Elbert retired early from the power company because he saw too many friends die too soon after retirement. He wanted to enjoy at least a few good retirement years. As it turned out, he lived decades in retirement, and for most of those years, he stayed busier than when he worked.
Everyone has heard the story about the old, lonely, stingy man who hated Christmas. Despite his extreme wealth, he was unwilling to give anything to anyone unless it was likely to somehow benefit him – a trait which contributed significantly to his dislike of the holiday season.
I have always loved the famous quote of Yankee great Yogi Berra, “If you don’t know where you are going, you’ll end up someplace else.” As an attorney who focuses every day on the need to plan ahead, it reminds me of the need to be intentional in setting plans for how you want your life to play out. Without a plan for getting where you want to go, how do you expect to get there?
Lou Holtz was named head football coach for the Arkansas Razorbacks in 1977. In seven seasons leading the Razorbacks, Holtz compiled a record of 60-21-2,
A Power of Attorney is a legal document that allows you to appoint someone to take care of your finances and healthcare decisions if there ever comes a time when you can’t. The person you appoint is called your attorney-in-fact or agent. Some Powers of Attorney only become effective when you become incapacitated. They “spring” into existence once a certain event has taken place.
On Father’s Day in 2013, Frank surprised his three children by turning tradition on its head. Instead of waiting for his kids to give him a Father’s Day present just like they’d done time and again over the years, he gave them a gift they weren’t expecting.
The 529 College Savings Account (“529 Plan”) is an estate planning and college savings tool that has its place in a grandparent’s well-rounded estate plan, but the pros and cons should be considered before heading down to your local bank or opening an account online. In addition, as an Elder Law practice, we also want you to be informed about the affect a 529 Plan may have on your long term care Medicaid eligibility.
When you strive to accomplish your life’s work, “all the universe conspires in helping you to achieve it.” This was the lesson an Andalusian shepherd
On the third Monday of February each year, Americans celebrate a federal holiday commonly referred to as Presidents’ Day, but on the books, this holiday
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