Drafting a Power of Attorney that Lessens the Chances of Abuse
While it isn’t possible to entirely prevent the possibility of power of attorney abuse, there are steps you can take in drafting a power of attorney to greatly reduce the chances.
While it isn’t possible to entirely prevent the possibility of power of attorney abuse, there are steps you can take in drafting a power of attorney to greatly reduce the chances.
When you die, your debts do not expire with you. Most debt still needs to be paid off, if possible, although who is responsible for paying the debt depends on the type of debt, and some assets are protected.
If you believe a loved one’s will is not valid, you may be able to contest it. But proving a will is invalid is difficult and this process should be undertaken only if you are sure there is something wrong.
Once a resident is settled in a nursing home, being told to leave can be very traumatic. Nursing homes are required to follow certain procedures before discharging a resident, so it is important to know your rights.
Medicare covers preventative care services, including an annual wellness visit. But confusing a wellness visit with a physical could be very costly.
Social Security survivor’s benefits provide a safety net to widows and widowers. But to get the most out of the benefit, you need to know the right time to claim.
If you give away more than $15,000 in 2019, you technically would need to file a gift tax return, but don’t worry about it unless you think you’ll be gifting more than $11.4 million during your life.
If you become incapacitated, who will make your medical decisions? A health care proxy allows you to appoint someone else to act as your agent for medical decisions.
Funerals are among the most expensive purchases many consumers will ever make. Don’t let funeral directors pressure you into buying more than you need.
The number of older Americans with student loan debt – either theirs or someone else’s — is growing. Sadly, learning how to deal with this debt is now a fact of life for many seniors heading into retirement.