How to Manage Aging Parent’s Finances – Annapolis and Towson Estate Planning
Here are five ways to get started on this important issue of an aging parent’s finances.
What Should I Know about Guardianships? – Annapolis and Towson Estate Planning
Guardianships – also referred to as conservatorships – are drastic and invasive.
The Difference between Power of Attorney and Guardianship for Elderly Parents – Annapolis and Towson Estate Planning
The difference between power of attorney and guardianship is a common question asked by adult children. Both roles share a duty to provide care and oversight of medical care and health.
How to Be an Effective Advocate for Elderly Parents – Annapolis and Towson Estate Planning
As family caregivers, we play many roles: scheduler, money manager, house cleaner, health aide, nurse, navigator, nurturer and more. Perhaps the most important role, though, is advocate, as we ensure the best life possible for our loved ones when they are vulnerable.
How to Tell If Mom or Dad Need Caregiving Help – Annapolis and Towson Estate Planning
When you are visiting family members, you have an opportunity to evaluate how they're doing in terms of health, safety and quality of life. Any of these five red flags may indicate that your loved one needs more support.
What Is a ‘Caregiver’ Agreement? – Annapolis and Towson Estate Planning
As family members age and require care, the burden of that care often falls on an adult child. For those that leave jobs to care for family members, it can become a financial hardship for the family.
What Should I know about Financial Powers of Attorney? – Annapolis and Towson Estate Planning
Has a loved one named you their financial power of attorney? Are you ready to take on all the responsibilities that entails? Hopefully, you won’t be called into action anytime soon, but with the coronavirus pandemic continuing, it’s something to think about.
What Is So Important About Powers Of Attorney? – Annapolis and Towson Estate Planning
A power of attorney names a person who can act on your behalf. This person is called your “agent” or “attorney-in-fact.” Before you create a power of attorney, you should know your options and which ones your home state allows.
Planning for Long-Term Care Before It’s Too Late – Annapolis and Towson Estate Planning
A strong long-term care plan spells out where you would like to live, how you plan to get around, and who will oversee your financial and health decisions when you’re incapacitated.
How is a Guardianship Determined? – Annapolis and Towson Estate Planning
Although various degrees of control may accompany a limited guardianship, our discussion here applies to a general guardianship, which includes full control of an individual’s person and property.