Estate Planning for a Vacation Home
If you are lucky enough to own a vacation home, then you need to figure out what will happen to it after you are gone. Many parents hope to keep vacation homes in the family, but guaranteeing that can be…
Why Not Just Use an Off-the-Shelf Power of Attorney Form?
A durable power of attorney is one of the most important estate planning documents you can have. It allows you to appoint someone to act for you (your “agent” or “attorney-in-fact”) if you become incapacitated. Without a power of…
Tailoring a Will and Power of Attorney for Multiple States
If you own property — whether houses, bank accounts, or vehicles — in more than one state, do you need estate planning documents for each state? The answer is probably no, but you need to do some planning if…
Long-Term Care Insurance Policyholder Wins Suit Against Company for Hiking Premiums
A long-term care policyholder has successfully sued her insurance company for breach of contract after the company raised her premiums. At age 56, Margery Newman bought a long-term care insurance policy from Metropolitan Life Insurance Company. She chose an option…
Keeping Track of Your Will
Once you’ve taken the step to create a will and get your estate plan in order, you need to figure out what to do with the will itself. It is important to keep track of the location of your current…
Reverse Mortgages Can Pose Problems for Heirs
Reverse mortgages can be a big help to seniors needing extra cash, but they can become a nightmare for their heirs. Heirs who don’t know their rights may be faced with large bills or threats of losing the house. Fortunately,…
4 Ways to Respond When Someone with Alzheimer’s Keeps Repeating Questions
People with Alzheimer’s may repeat things…a lot Alzheimer’s disease and other dementias cause problems with short-term memory. This can lead to repetitive behaviors, like asking the same question over and over again. Your older adult isn’t doing it on purpose…
Keeping the Jolly in the Holiday
A Caregiver’s Guide to When a Family Member has Dementia Our Friends at Elderday Center in Batavia are a great resource for families with Dementia related issues. Enjoy these tips from the Elderday Center to make your holiday with a loved…
What happens if You Die Without a Will?
We all know we are supposed to do estate planning, but not all of us get around to it. So what happens if you don’t have a will when you die? Your estate will be distributed according to state laws,…
It’s Open Enrollment Season: Is Your Medicare Plan Still Working For You?
Do you have the right Medicare plan? It is fall, which means it is time to think about whether your current plan is still giving you the best coverage or whether a new plan could save you money or offer…