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February 2018 Archives

Last-to-die policy serves a special needs child and siblings

Let us say that your son Gary becomes disabled as an adult due to injuries suffered in a car crash. You want to make the proper financial arrangements for his care, especially after you die, but you do not want to create any issues with the other beneficiaries of your estate, namely your twin daughters.

Rule designed to stop elder financial abuse

Elderly Americans lose up to $30 billion each year because of financial abuse, according to an estimate. Some of this misappropriation includes presumably trusted family members and others who misused their legal authority. Properly-drafted guardianships should prevent this misconduct, but these relationships may be exploited.

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