One important reason to have a will is to be able to name your executor (also called a personal representative). An executor is the person responsible for managing the administration of your estate after you die. If you don’t choose an executor, the court will choose one for you. The first decision is whether to […]
When creating an estate plan, an important decision is who to name as your fiduciary. A fiduciary is a fancy legal term for the person who will take care of your property for you if you are unable to do it yourself, such as the executor of an estate, the trustee of a trust, or […]
An executor is the person responsible for managing the administration of a deceased person’s estate. The executor (also called a personal representative) is either named in a will or appointed by the court, if there is no will. Executors are responsible for making sure the deceased person’s wishes are carried out and that the estate […]
Being the executor of an estate is not a task to take lightly. An executor is the person responsible for managing the administration of a deceased individual’s estate. Although the time and effort involved will vary with the size of the estate, even if you are the executor of a small estate you will have […]
On June 26, 2015 United States Supreme Court issued an opinion of great importance in the area of estate planning for same sex couples. In Obergefell v. Hodges the Court addressed two questions. First, does the 14th Amendment to the United States Constitution require all states to issue marriage licenses to same-sex couples? Second, are […]
Summer often brings to mind vacations and taking time off from everyday stress. Caregivers of loved ones living with dementia-related diseases know that caregiving can be a full-time job in addition to the responsibilities associated with employment and raising families. The Alzheimer’s Association really says it best on their page about respite care: “Caregiving is […]
If you are a Medicare beneficiary receiving skilled care for a chronic condition, you no longer have to show improvement in order to have the care covered, but your provider (such as a doctor, home care agency, or nursing home) may not know this. Even though a recent lawsuit settlement mandated a nationwide educational campaign […]
Many retirees look forward to traveling in their retirement, and more and more are actually retiring overseas, in part as a way to stretch savings. But what happens to retirees’ federal benefits while they are out of the country? The short answer is that although Social Security benefits are available to retirees in other countries, […]
How can you make sure your funeral and burial wishes will be carried out after you die? It is important to let your family know your desires and to put them in writing. Just don’t do it in your will. To help your loved ones follow your wishes after you are gone, you can write […]
Retiring to another country can be a very attractive option. Lower cost of living and health care expenses along with exotic locales and temperate climates persuade many seniors to retire outside of the United States. If you want to ensure a smooth transition, however, there are many issues to consider and steps to take before […]