Archive for May 2011
Are You Taking the Steps Towards Legal Estate Planning For Your Loved Ones?
Without proper legal estate planning, caring for aging loved ones is often emotionally and financially distressing for everyone involved. Families struggle at the last minute to find information, guidance and assistance to handle the complex health care financial and legal needs.
By planning ahead and obtaining the right legal documents, families can help their aging relatives gain security, take advantage of public benefits and preserve their assets.
First, estate plans are key. They can help families avoid probate, which occurs when an individual owns assets in his or her name alone, and the court determines distribution. If not handled properly, probate can be time-consuming and costly while providing no privacy for the family. Read the rest of this entry »