Caregivers for those living with dementia are all over the country. Caregivers range in age, ethnicity, geography, income, and education. While research theories have been done about what the large, diverse population of caregivers looks like and what they are faced with, there is one thing we know for sure. Dementia does not discriminate. It […]
For many of us regardless of our age, retirement can seem like a concept in the far-off future. Certainly, attitudes and expectations around retirement have changed over the last few decades. Our careers are a major aspect of our overall lives, and they also impact our overall health. Ann Lukits penned an article for the […]
It’s counterintuitive, we know: irrevocable trusts are revocable (and amendable). Unfortunately, irrevocability is a malicious myth. The uninformed could spend years relying on an old, out-of-date trust that could be updated and improved without too much effort. Yes, the so-called “irrevocable trusts” absolutely can be, and, often, should be, modified. In this issue, we’ll identify: […]
When a family member dies, there are many legal and financial things that need to be taken care of. That process is commonly called “estate settlement.” It is also called Probate. There are costs involved with the estate settlement process. Taking care of all that needs to be done usually entails a lot of work. […]
What is a life care planning law firm? How is it different from a typical elder law firm? The answers to these questions describe what makes Weatherby & Associates truly unique. They also reflect the passion and commitment of the firm’s staff to the ongoing work of helping our clients thrive. For more information on […]
Are you approaching age 65 and currently covered by a marketplace health care plan under the Affordable Care Act (aka “Obamacare”)? If so, you should think carefully about your options. While it’s possible to keep or renew your marketplace plan once you become eligible for Medicare, there could be steep costs for doing so, and […]
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Unlike money, personal belongings usually cannot be divided equally after their owner passes away. For this reason, distributing possessions like furniture, jewelry, dishes, silverware, artwork, photographs or clothing is often the most difficult challenge in settling an estate. (Just ask Audrey Hepburn’s two sons.)It can help if the deceased person had stated in her will […]
Have you ever heard of state “filial responsibility” laws? Although rarely enforced, 29 different states have laws that require children to provide financial support to their indigent parents under certain circumstances. In the context of long term care, those statutes could potentially result in adult children being liable for their parents’ sizable nursing home and […]
Many families are hesitant to discuss financial affairs together. Parents do not necessarily want their children to know how much or exactly what they have. Some do not want their loved ones to know exactly how they plan to dispose of their assets when they die. However, what we strongly recommend for each and every […]