If you have ever worried how your affairs would be managed if you became incapacitated for a period of time, the answer is the agent you have named under your durable power of attorney document. If you do not have a valid, up-to-date power of attorney document, it is likely that the court will need to appoint a conservator on your behalf. Powers of attorney documents hold your agent to a fiduciary duty while granting your agent powers regarding the management of your day-to-day finances, protecting your assets from the high cost of long-term care, and avoiding unnecessary taxes malfeasance by your agent.
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Wills and probate are two commonly used words in the elder law world. While many people have probably heard these terms, they may not unders...
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Trusts come in many shapes and sizes and protect various aspects of people's lives. It is always best to create them early and maintain them...
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Health is an important factor to consider, especially as you age. Having specific legal medical documents set in place can alleviate the str...
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