Living Trusts

Trusts are simply arrangements that allow for a trustee to hold legal title to property for a beneficiary. Living trusts are trusts that you create while you are alive. These can help avoid probate, reduce estate taxes or specify how property will be managed. Learn more about living trusts.

Articles About Living Trusts

Protecting Against Senior Investment Fraud
Investment fraud accounts for nearly 50% of all complaints received by state securities regulators and it tends to target the elderly.
Avoid the #1 Mistake Elders Make with Healthcare Directives
A mistake elderly people make is choosing two people as agents for Advanced Healthcare Directives. Choosing only one helps avoid disputes.
Should Mom Be Living Alone?
Your elderly parents want to continue living alone in their home, but as their caregiver, you have noticed warning signs that it might not be safe. What's a caregiver to do?
Out-of-Town Siblings Might Feel Shut Out of Caregiving
When the sibling who lives closest to mom or dad ends up being the caregiver, it can result in feelings of frustration, isolation and abandonment. But sometimes, the in-town caregiver doesn't give the out-of-town siblings a chance to help.

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Q&A with the Experts on Living Trusts

How do I know if mom is taking the proper dosages of her medications at the right time?
Elderly people are most definitely at an increased risk for problems related to the use of prescription drugs, nonprescription (or over-the-counter) medicines, and herbal or other alternative medicines.
How can I help mom manage her finances?
For many caregivers, the resistance you get and the feeling that you are invading your relative’s privacy may leave you less than completely aware of your elder’s finances. But, if you wait until the elder becomes incapacitated to broach the subject of paperwork, locating important documents can be a much more difficult process.
I am concerned about mom being isolated now that her husband died. What should I do?
When an elderly person who lives alone does not need nursing care or home care, but does need companionship and some kind of daily routine, adult day care may be the solution. Click to read Dr. Connolly's full answer.

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