Planning for the Future of an Adult Child with Disabilities More adults with disabilities are living longer, which makes future planning critical for parents. Creating a plan is an ongoing process that adapts as your child’s needs change. The Journal of the American Medical Association reports that life expectancy for adults with Down syndrome jumped […]
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Estate administration refers to managing and distributing a deceased person’s assets in the US. This process typically includes identifying and inventorying the decedent’s assets, paying debts and taxes, and distributing any remaining assets to the beneficiaries named in the decedent’s will. Without a valid will, actions are taken to comply with state intestacy laws. The
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When most people think of estate planning, they think of wills and trusts and passing assets on to the next generation. However, there is another part of estate planning that doesn’t get as much attention. It concerns advance health care planning. Have you thought about what type of medical care and treatments you want, or
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That sounds like something your mother might say, right? And how often have you wished you’d followed your mother’s good advice? Nobody really wants to think about the potential for accidents or illness, and it can happen at any age. But without advance planning, when you or an aging parent experience a serious injury and
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More than 50 percent of Americans find estate planning important, yet statistics show only about 32 percent have a will. caring.com Those individuals with a will may have moved to a different state or forgot to update their will after life events such as marriage, divorce, births, and deaths, making it ineffective. One of the
The Need for a Valid Will Read More »