Planning for potential incapacity is just as important as estate planning. A Durable Power of Attorney for Finances and a Healthcare Power of Attorney ensure your affairs are managed according to your wishes if you become unable to make decisions. Consulting an elder law attorney helps protect your assets, reduce family stress, and provide peace of mind for the future.
Tag: estate planning
Protect Your Assets!
Asset protection is essential for securing your financial future. From life insurance to liability coverage and estate planning, understanding your risks helps safeguard what you’ve worked hard to build. Evaluating insurance policies, reviewing asset titling, and ensuring legal protections are in place can prevent financial loss and provide peace of mind for you and your loved ones.
Have You Had “The Talk?”
Having “the talk” with aging parents about end-of-life planning can be difficult, but it’s essential. Addressing topics like healthcare, financial arrangements, and living preferences ensures their wishes are honored and avoids stress during crises. While these conversations may be met with resistance, taking the time to discuss and document important decisions provides peace of mind for both parents and children.
What is your exit plan?
Preparing your financial and personal legacy is a gift to your loved ones. Certified financial planner Debra L. Nelson shares why organizing your affairs now can provide peace of mind for the future.
Estate Administration in South Carolina
Managing a loved one’s estate can be overwhelming. Learn about estate administration in South Carolina, including summary, normal, and contested proceedings, with insights from Judge Irv Condon.
TRUST ME, EVERYONE NEEDS A TRUST AND A WILL
By Irv Condon, Probate Judge for Charleston County and Dena Byrum, Judicial Law Clerk Introduction Proper estate planning involves a… Read more »
5 Situations Where Older Adults Need Life Insurance
Excerpt:
Life insurance isn’t just for younger adults—it can provide financial security for older adults, too. From covering funeral expenses to ensuring dependents are cared for, here are five situations where maintaining or purchasing a policy may make sense.
The Crucial Role of Certified Elder Law Attorneys in Future Planning
Introduction: As the population ages and our elders encounter difficult financial, legal, and healthcare situations, the need for comprehensive planning… Read more »
“It’s a Liquid Thing”
By Mark Schumacher, NMLS ID 519754, Mutual of Omaha Mortgage, Inc., NMLS ID 1025894 When our family was serving a… Read more »
What You Don’t Know About Probate Can Hurt You/Your Family
By Lisa Hostetler Brown, Certified Elder Law Attorney, Upstate Elder Law-A Division of LawyerLisa, LLC. With proper elder law planning,… Read more »
