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Mountain Empire Legal Services
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Financial crimes against the elderly are an increasing problem in the U.S. However, most states are not doing enough to fight it. Every year elderly Americans lose billions of dollars to scams, exploitation and fraud. Criminals target the elderly because they are often an easier target, due to cognitive decline... Continue reading
Posted Jun 1, 2018 at Mountain Empire Legal Services
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If you would like to have Medicaid pay for your stay in a nursing home, then it can be difficult to do if your spouse has a lot of assets. Some married couples have agreements to keep their assets separate from each other. This can be beneficial for many reasons,... Continue reading
Posted May 31, 2018 at Mountain Empire Legal Services
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It is very important that elderly people talk to their younger family members about what their needs are and what they might be in the future. Too many people are not having those conversations. Most people who live long enough, will at some point reach a stage in life when... Continue reading
Posted May 30, 2018 at Mountain Empire Legal Services
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From time to time, you need to review your will to make sure that it is still a good one for your famil After you meet with an estate planning attorney and the last will is drafted and executed, the attorney is likely to tell you to make sure that... Continue reading
Posted May 29, 2018 at Mountain Empire Legal Services
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You need to make sure that no one else can access your digital accounts now. However, you also need to plan, so that someone else can have access to them, after you pass away. If someone else gains access to one of your digital accounts, it can cause severe problems.... Continue reading
Posted May 28, 2018 at Mountain Empire Legal Services
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It might not be the most comfortable thing to do, but seniors who plan for the last years of their lives often are comforted by doing so. We spend our lives making and following plans. Even the most spontaneous people cannot help making plans from time to time. We all... Continue reading
Posted May 25, 2018 at Mountain Empire Legal Services
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Many elderly Americans are entitled to a lot of money that they may have forgotten about or do not know how to locate, because they have lost track of old retirement and pension plan information. It makes sense when you retire to ensure access to all funds to which you... Continue reading
Posted May 24, 2018 at Mountain Empire Legal Services
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There are many different types of trusts that can do different things. No type of trust is absolutely better than any other type, so the best type of trust depends on individual circumstances. You can read all sorts of articles on the Internet about different types of trusts. Many types... Continue reading
Posted May 23, 2018 at Mountain Empire Legal Services
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While it is not possible to dispel everything that people mistakenly believe about wills and trusts, a few things come up often enough that it is important to make sure you do not hold these mistaken beliefs. It is not clear where some beliefs about estate planning get started, let... Continue reading
Posted May 22, 2018 at Mountain Empire Legal Services
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Estate planning does not need to be just about property and money. It can also create a lasting legacy, if you can be flexible enough to consider your options. Sometimes when people go to an estate planning attorney, they already have a good idea regarding what they want to accomplish... Continue reading
Posted May 21, 2018 at Mountain Empire Legal Services
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If you do not plan ahead for what might happen to you if you are ever incapacitated, then your family will have to make health care decisions for you. That can cause them a lot of stress. Your family members most likely want what is best for you. If anything... Continue reading
Posted May 18, 2018 at Mountain Empire Legal Services
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Sometimes estate attorneys do contact people unexpectedly to inform them that they might have inherited something. However, you should be aware of scammers. It would be great to receive a letter in the mail or a phone call, informing you that you have received a valuable inheritance from someone who... Continue reading
Posted May 17, 2018 at Mountain Empire Legal Services
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It is important to change plans, when things change that make your previous plans bad. Imagine that you own a business. You have carefully surveyed the business environment and made plans to expand into a new product area: widgets. You have written up all the necessary documentation and spoken to... Continue reading
Posted May 16, 2018 at Mountain Empire Legal Services
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Disposing of assets through beneficiary designations is popular today and seemingly easy to do. However, there are reasons to be careful when doing it. It is possible and common today to dispose of many assets at death simply by filling out a beneficiary designation form. These assets will pass upon... Continue reading
Posted May 15, 2018 at Mountain Empire Legal Services
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The increasing popularity of cryptocurrencies creates challenges for planning how those assets will be handled, after the owner passes away. Most of the news about cryptocurrency in the last few months, has been about how volatile and risky it can be as an investment. However, there are many people who... Continue reading
Posted May 14, 2018 at Mountain Empire Legal Services
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Many states are grappling with their guardianship statutes, so that they can do a better job of preventing elder abuse. One question that has come up in Pennsylvania, is whether felons should be barred from serving as guardians for the incapacitated. The U.S. has an elder abuse problem, with an... Continue reading
Posted May 11, 2018 at Mountain Empire Legal Services
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Many different things can happen that will make your current estate plan less than ideal. However, some things happen more often than others. Estate plans do not always work as intended. There can be many different reasons, such as relatives fighting over an estate. However, sometimes estate plans do not... Continue reading
Posted May 10, 2018 at Mountain Empire Legal Services
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Seniors normally prefer to live at home, as long as they can stay out of a facility. It is important to carefully plan for that. There are very few people who actually look forward to living in a nursing home or an assisted living facility. Most seniors would much rather... Continue reading
Posted May 9, 2018 at Mountain Empire Legal Services
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A recent study suggests that Medicare Advantage enrollees are more likely to go to lower quality nursing homes, than people enrolled in traditional Medicare. Not all nursing homes are equal. Some have much higher rates of re-hospitalization than others or just do a generally better job at providing good outcomes... Continue reading
Posted May 8, 2018 at Mountain Empire Legal Services
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If you own your own business and plan for it to survive after you, it is important that you have an estate plan that allows that to happen. In the U.S., people often put off estate planning for as long as possible. This includes people who make plans for many... Continue reading
Posted May 7, 2018 at Mountain Empire Legal Services
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If you know that your family is likely to fight over your estate, you can limit the fight greatly, by using a trust instead of a will. Many family fights over estates are predictable. People know when their family members do not get along and are likely to fight over... Continue reading
Posted May 4, 2018 at Mountain Empire Legal Services
Adding a child as the joint tenant of your home to avoid probate is always a very bad idea. Some bad ideas in estate planning never seem to go away. No matter how many times estate planning attorneys try to tell people that the ideas are bad, people continue to... Continue reading
Posted May 3, 2018 at Mountain Empire Legal Services
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If you have a health care power of attorney and living will, you should make sure that someone you trust knows where to find them. It is very easy to get advanced medical directives today. You can often get living wills and health care powers of attorney as part of... Continue reading
Posted May 2, 2018 at Mountain Empire Legal Services
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Gaining access to the digital accounts of deceased loved ones is slowly becoming easier. That means that people need to think about what type of access they want to grant as part of their estate planning. Even just a few years ago, it was almost impossible to gain access to... Continue reading
Posted May 1, 2018 at Mountain Empire Legal Services
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Estate sales are increasingly popular ways to get rid of unwanted items of personal property from an estate. One Colorado woman recently learned just how eager people can be to get a good deal. Mary Andrews, a resident of Longmont CO, recently had an extremely bad day. She had a... Continue reading
Posted Apr 30, 2018 at Mountain Empire Legal Services