Whenever you have significant changes in your life, you should change your estate plan. But, what counts as a significant change? Estate planning attorneys always tell their clients that anytime the client undergoes a significant change in life circumstances, the client should come back to the attorney so the estate plans can be changed to […]
If you think that you do not need to have a will or other estate plan, then you might want to pay attention to an ongoing crisis in China. Not too long ago, the Communist Party in China had strict rules about the accumulation of wealth and passing it on to heirs. During the Cultural […]
Singer George Michael died suddenly on Christmas Day. He has no children of his own and it is believed that he made arrangements for his several godchildren to inherit vast sums from him. George Michael died unexpectedly on Christmas Day. He was found dead from heart failure by his boyfriend. Michael was known to have […]
Student loans are often thought to be an issue for younger people, but data suggests that they are increasingly becoming an issue for senior citizens. In recent decades, the costs of getting a college education have skyrocketed at a rate that far surpasses the general rate of inflation. This has caused more and more students […]
The Millennial generation might still have a long way to go before they reach retirement age, but they should be paying attention to elder law issues that will affect them in the future. People of all generations tend to pay the most attention to the issues that affect them directly and immediately. Most senior citizens […]
Estate executors and personal representatives have a duty to the estate to pursue any causes of action that the estate might have, but what if that means they have to sue themselves? A case in Utah answers that question. If a deceased person or the estate of that person has reasonable legal recourse against some […]
Therapy animals have been used effectively for all kinds of patients, including those with Alzheimer’s disease. However, it is not always practical or safe to use real animals with people suffering from dementia. Some care centers are substituting robotic pets. Alzheimer’s disease and other forms of dementia can give patients a deep sense of loneliness. […]
Debbie Reynolds passed away from a stroke one day after the death of her beloved daughter. Could a broken heart have been the cause? You have probably heard someone suggest that another person they know passed away from a broken heart. When someone passes away soon after the death of a loved one, such as […]
A new study in the United Kingdom provides an ominous warning about the wealth prospects of younger people. It seems we’ve been hearing the terms “income inequality” or “wealth inequality” frequently used in recent years to describe a growing economic trend of wealth concentration among a shrinking segment of the population. These terms are now […]
People often hear things about living trusts from friends, family members and the media, and just assume they are true without taking the time to check them out. Here are some common misconceptions—and the facts. 1. A living trust is expensive. A well-drafted living trust will have a higher initial cost than a will. But […]