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If the stork is on his way, add estate planning to your list of things to do as expectant parents. It may not be as fun as picking out nursery colors or planning the baby shower, but it’s much more important!
Estate and financial plans updated for a little one on the way will include:
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Is Grandma no longer financially capable? Does Uncle Edwin need someone to take over his financial affairs? At Your Caring Law Firm, we recognize that our elders are living longer, and may need help paying bills and handling their assets as they age. We also are big fans of professional guardians.
Many of our clients need to choose a true professional guardian. Here are some helpful hints.
What Makes a True Professional Guardian
Few professions allow you to completely take over someone else’s ...
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For parents, the summer months are a welcome change in routine. Families go on vacation, children enjoy day camp, and grandparents are excited to give busy parents a much-needed break. Although summer provides a time to relax and enjoy family activities, it’s also the ideal time for parents to ask themselves, “Who will raise our children if something happened to us?”
Each year, National Parents’ Day occurs on the fourth Sunday in July and serves as a reminder of what it ...
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Developing an estate plan is perhaps one of the noblest actions you will take to ensure the efficient transfer of your assets to future generations in a manner that affirms your values and wishes. In addition to helping your heirs avoid probate and minimize family chaos after your death, a properly drafted estate plan also prevents court control of your assets should you become mentally or physically incapacitated.
But what happens if you become incapacitated, are in need of a family ...
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Spotting signs of incapacity and early detection of cognitive decline enables professional advisors to more effectively address financial, legal and care-giving concerns.
More than 40 million Americans are expected to take to the roadways, railways and airways as they head home for the Thanksgiving holiday. Thanksgiving – one of the few occasions when multiple generations gather under one roof – is an opportune time for adult children to observe signs of incapacity or cognitive decline in aging loved ones.
My advice to ...
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Guardianship of a Minor’s Estate
This week we take a look at Paul Walker’s death and the legal guardianship of his daughter. TMZ has reported that the actor left his $25 million dollar fortune to his 15-year-old daughter, and asked that the probate court name Paul’s mother as the legal guardian of Paul’s daughter, as well as the legal conservator of the $25 million. TMZ calls this “curious language,” particularly as Paul’s baby mama, the mother of Paul’s daughter, is alive.
Understanding Legal Guardianship ...
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Amanda Bynes’ parents, Rick Bynes and Lynn Organ, are currently waiting to hear from Judge Glen M. Reiser if they will be granted conservatorship over their daughter.
The 27-year-old actress is currently undergoing a 14-day psychiatric evaluation at a California hospital following her driveway fire-setting stint. Bynes is due back in court on August 9 for the next conservatorship hearing.
Conservatorships are most commonly utilized in elder care situations where family members seek to gain control of the personal and financial ...
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There is a corny television show named Raising Hope. It is about a twenty-something young man named Jimmy who is raising his daughter Hope because her mother was executed for a crime she committed. Jimmy lives with his mother, Virginia, father, Bert, grandmother and daughter Hope. They are a wacky family that marches to the beat of a different drummer. Jimmy works at a grocery store where he has a friend named Sabrina, who is a cashier.
The subject comes up ...
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