If the time has come for you to locate a nursing home for your elderly parent, you want the best you can find. You can research the matter in different ways but visiting facilities and asking questions will provide valuable information to help you make an informed...
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Should college students have a will?
If you are about to graduate from high school, you probably are looking forward to starting the next chapter of your life. Whether you plan to attend college, go to a trade school or immediately enter the workforce, your early 20s are sure to come with some major life...
How can you watch out for a manipulator?
When dealing with an estate plan, it is possible for things to feel overwhelming and out of hand quickly due to the complex nature of the process. Things often get more complicated when a vulnerable person is the grantor of an estate. Unfortunately, manipulators will...
Should you have a relative as your executor?
When it comes to picking your executor, you might want to make an immediate beeline for your relatives. After all, you know them better than anyone and you likely feel closest to them, too. But is choosing a relative the best option for you or your estate plan? It may...
What is Medicaid planning?
Medicaid is a government-run health insurance program for low earners. To qualify for benefits, you must meet specific income requirements, which include calculating your assets as part of your income. The American Council on Aging explains that when planning for your...
What good is an advance directive?
No one enjoys entertaining worst-case scenarios in their mind. However, it is always better to think ahead and prepare for the worst than it is to ignore the possibilities of what might happen and end up totally caught off guard. This is the case for advance...
How can you choose a long-term care facility for a loved one?
To have to choose a long-term care facility for a loved one may feel overwhelming. According to the National Institute on Aging, long-term care may include 24-hour supervision, three meals a day, physical, speech and occupational therapy and more. When bringing your...
How can I choose a trustworthy guardian for my child?
Should the unthinkable happen, you want to rest assured that minor children in your care have a kind and loving guardian to take over parental duties. As explained by U.S. News & World Report, selecting a guardian is a major aspect of estate planning, one that...
What are the typical costs of long-term care?
Most people will eventually need long-term care services. As you age, your health issues could make it so that you have trouble living on your own or need help to do regular tasks. Long-term care can include a range of things, which makes pinpointing the costs...
Why should a single young person have an estate plan?
There is a common misunderstanding that young people do not need to have estate plans or that estate planning is only important for older people, married people or people with kids. According to U.S. News and World Report, estate plans are important for every adult....