Diagnosis of Dementia Dementia is generally characterized by cognitive impairments (including memory loss, confusion, difficulty communicating, poor judgment or changes in mood or personality) that impair a person’s ability to perform activities of daily living....
The economic and personal upheaval triggered by the COVID-19 outbreak is likely to warrant a review of your estate plan, no matter how thorough you think it is. As Americans cope with health fears and financial volatility, it’s worthwhile to determine whether a will,...
Governments and even some private businesses have worked to ease the burden on people who are struggling financially due to the COVID-19 pandemic. For people who are concerned about losing their home after being laid off or seeing their business revenue plummet,...
A power of attorney (POA) document authorizes a person to act on another’s behalf in private affairs, business matters or any other legal matter specified in the document. The “principal” is the person who authorized someone else to act on their behalf. The “agent” is...
When developing and signing estate documents, it is imperative that you are clear in your wishes. Otherwise, after you have passed, your heirs may dispute your decisions. Going to court to settle an estate is time-consuming, stressful and emotionally draining. You...
Sadly, many people believe that seniors are easy targets for financial exploitation. In a survey taken by Allianz Life Insurance Co. of 2,000 adults, the senior participants reported losing an average of $30,000, while some reported losing more than $100,000. The most...
Being named the guardian of an incapacitated person is a huge responsibility. The guardian must be diligent about matters concerning their ward’s finances and healthcare. If you feel as though the appointed guardian of your loved one is not fulfilling their duties,...
As the name implies, a successor trustee is a trusted individual who handles the duties connected with your revocable trust in the event you lose capacity during your lifetime, and settles all remaining issues after you die. As such, your first impulse might be to...
Trusts: TBE or not TBE Florida favors married couples holding their property as tenants by the entireties (TBE). Probate is avoided as the property passes to the surviving spouse by operation of law. Further, the tenancy provides creditor protection. In essence,...