A recent court decision from the Nebraska Supreme Court shows the perils of not planning for long term care before there is a problem. For example: a now divorced 94-year-old must pay so much alimony that it brings his income below the poverty level and the only purpose of the alimony is to pay his […]
The experience of growing older is different for us all. Our health, history, and support systems can all have significant impacts on the aging process. As we age, there is an increased likelihood that we will endure the death of a loved one and need to cope with chronic health conditions. Depression is one chronic […]
One advertising campaign that has impacted our society is summarized in the exclamation, “I’ve fallen and I can’t get up!” What image does that sentence call to mind? An elderly woman, alone in her home and frightened by a sudden need for emergency services. Falls can happen to any of us, but the elderly, especially […]
Witnessing the struggles of a loved one living with dementia is tremendously difficult. Emotions run high when experiencing the changes in a loved one as they move through the progressive stages of the disease. These are very relatable experiences among a growing community of caregivers. Another very relatable experience that most humans share is being […]
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 […]
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 […]
An executor is the person responsible for managing the administration of a deceased person’s estate. One of the executor’s main jobs is to pay people or institutions to whom the estate owes money — the estate’s creditors. This can be an overwhelming task, especially when dealing with the death of a loved one, but it is […]
If you are in the hospital, the last thing you want is for a family member or a trusted friend to be denied information about your condition or prognosis. But this could happen if you haven’t already given authorization about who can receive details of your medical condition. The Health Insurance Portability and Accountability Act […]
When two or more individuals own property — whether it’s a condo, a home, or a piece of land — the relationship between the owners is very important. The form of ownership of the property affects how property is transferred to someone else. It is important to make sure you have the right form of ownership […]
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 […]
