It’s a common story among blended families: an aging parent becomes ill and the parent’s biological children clash with the parent’s spouse. While some of these disagreements are generally small, there are times when the disagreements are not only great, but the child also fears for the parent’s health and …
A Revocable Living Trust is one of the most misunderstood parts of estate planning, especially since many people associate trusts with the extremely wealthy and the term “trust funds.” But Revocable Living Trusts can be created by just about anyone looking to make an estate plan, and provide a number of significant advantages when it comes to avoiding probate and having others help you if you become incapacitated.
At a certain point, it’s very likely that your elderly parent will want or need help handling their finances. In addition, they will also be thinking more about what types of end-of-life treatments they’d like to receive. While they may already have a Power of Attorney or Advanced Health Care Directive in place….
