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A medical power of attorney i(POA) s an estate planning document that basically gives someone else the ability to make your decisions for medical care and treatment. You do not give this right over instantly, just by drafting the document. Instead, you set up...
One of the largest assets most people have is their home. Whether you have a single home or multiple properties, you may be looking into the best way to protect that asset and to preserve your wealth as you age. You may want to pass that asset on in the future, too,...
How many stories have you heard on the news where it highlights the story of yet another senior citizen that had someone defraud them, causing a near-complete loss of their savings? These stories are far too common. You can do something to protect your loved ones from...
While many people want to live an extra 20 or 30 years, the truth is most cannot afford to. Many do not have sufficient funds set aside to see them comfortably through old age as it is. Growing old is expensive. It is costly for an individual and the country as a...
As a married couple, you may have spent a lifetime doing everything together. However, there may come the point when this is no longer possible because one of you needs to go into long-term care. When this happens, it can place a considerable strain on your finances....
When people think about estate planning, they typically think about what will happen to their assets and their heirs after they are gone. However, estate planning is also about preparing for all sorts of scenarios, including the possibility that you may someday need...
Elder Americans have many concerns about what will happen to them if a day comes when they can no longer care for themselves. For those with limited financial resources, aging and the possible need to enter a nursing facility are especially worrisome. Fortunately, the...
As you get older, there may come a time when you realize that there is the possibility of needing to live in assisted accommodation in the future. You may simply envision a point in which you are less independent and want the security of a nursing home, or you may...
Taxes are just an obligation most people have to deal with -- and that obligation doesn't end when they die. The executor of your estate may not only have to file your final tax return on your behalf, but your beneficiaries may have an obligation to pay inheritance...
When you die, your family will have to settle all of your accounts and pay off your debts before they get to enjoy the assets you bequeath to them. The executor for your estate has a legal obligation to handle your debt before they distribute property to anyone else....
