Elderly Parents' Estate Planning
If your parents own a home or other assets like stocks, bonds and CDs, it's important to plan so that their estate lasts as long as possible. Sometimes it makes sense to bring in an outside advisor. Learn more about estate planning for elderly parents.
Articles About Elderly Parents Estate Planning
- 4 Reasons to Review Your Will
Most people mistakenly believe that creating a will is a one-time task, but estate-planning documents should be reviewed regularly to ensure they still reflect your wishes.
- Removing a Trustee: Trust Law May Tip Final Shot in Sterling Case
Donald Sterling's legal battle really began when he and his wife Shelly became co-trustees of the family trust. By signing that document, the couple agreed on two clauses that became keys to the case.
- Financial Planning: Strategies for Caregivers and Their Parents
Having the foresight to make arrangements for your elderly parent's long-term care can save the rest of the family both emotional and financial distress. This expert advice should help with asset protection and financial planning for you an your elderly parents. Better yet, caregivers can use these strategies to ensure they are prepared for their future needs as well.
- What is a Trust?
Details for caregivers on trusts, including definition of a trust, types of trusts and how to set up a trust.
- What is a Will and Why Should Every Senior Have One?
A will is a legal document that indicates how you want your assets to be distributed upon death. Here is more information on what a will contains and how to write a will.