The benefits of a highly detailed, comprehensive power of attorney are numerous. Unfortunately, many powers of attorney are more general in nature and can actually cause more problems than they solve, especially for our senior population. Let us look at the top benefits of having a comprehensive durable power of attorney. 1. Provides the ability…

In many cases, beneficiary designations can be used as a simple method for avoiding probate without the necessity of a trust. However, there are a number of circumstances where relying on beneficiary designations alone may not be the best way to accomplish estate planning goals. Such circumstances call for a Testamentary Trust, created under the…

Personal Identifying Information. Legitimate government employees will never call you, show up to your house, or send you an e-mail to request your account number, social security number, or other personal identifying information. If ever in doubt, look up the alleged agency’s contact information and call them directly to determine whether or not a request…

On average, individuals who reach the age of 65 years will need 2 to 3 years of long-term care over their lifetime. Care arrangements may vary from an informal family member or friend providing care in the home to an extended stay in a skilled nursing facility. Presently, it is reasonable to anticipate that assisted…