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.
0 CommentsPainful legal battles amongst family members over Kasem’s care overshadowed his final years of life, highlighting the importance of obtaining legal documents and having clear conversations about end-of-life issues sooner rather than later.
3 CommentsIt might not be a good idea for a senior to live on their own as they age. A better solution may be to move in with an adult child who owns their own home and purchase a "life estate" in their house.
8 CommentsSometimes couples are willing to take the big step of obtaining a divorce in order to protect their assets, so that the ill spouse can qualify for Medicaid without impoverishing the well spouse.
12 CommentsMedicaid isn’t in the business of “taking” seniors’ homes. But when a nursing home resident on Medicaid dies, the state may seek repayment by filing a claim against their estate, which usually includes exempt assets like their primary residence.
43 CommentsWhen the “principal” (the person who signs a power of attorney document) dies, the POA terminates. A different type of legal authority then becomes necessary to gain access to the deceased’s assets and bank accounts.
8 CommentsMany people, like your elderly aunt, are afraid to deal with wills, powers of attorney, etc. because they think it makes it more likely that something bad will happen to them.
3 CommentsThere are a few legitimate reasons why family members may want to change an aging loved one’s power of attorney designation, or remove themselves from their responsibilities as POA.
11 CommentsAlzheimer’s is indeed a devastating diagnosis for anyone. Spend as much time as you can enjoying the things your family likes to do while taking steps to plan for the future.
6 CommentsTake the time to have an honest conversation with adult children about appointing a power of attorney before you lose your ability to make decisions.
64 CommentsRegardless of who moves in with whom, living with aging parents is a serious decision that affects family relationships, careers, finances, and the physical and mental health of all members in the household.
372 CommentsMedicaid long-term care eligibility requirements can be confusing. Learn how a senior can qualify for Medicaid and what long-term care services are covered.
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