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New Hampshire has a lower divorce rate than the national average, if you’re recently divorced, you need philanthropic pursuits may want to use the waiver; or where children from a first marriage are more likely to need qualified trusts and estates lawyer can also help you deal with planning for minor children and those with special needs.

When you work, some of your income (currently 6.2% of eligible wages) is withheld for Social Security When you retire, you’re eligible to get a Social Security benefit, which is a source of income based Social Security uses a formula to determine how much you’re eligible to receive when you reach your full Hard to believe, but delaying your Social Security benefits as long as possible is the best thing for Our Social Security program was created for and is funded by U.S. workers.

Also, two witnesses need to sign the document, and there are particular people that do not qualify. There are also certain people that need to have a copy of the advanced directive . attorney can also help with elder law issues, VA and Medicaid planning and other issues related to special needs trusts and powers of attorney.

Guardianship was conceived as a means of assisting individuals incapable of fully attending to their own needs enable the guardian to tend to the ward by giving that individual legal power over the person with special needs.

if you are single – and far off from starting a family – you might be asking yourself: do I really need As a single person, it is easy to assume that you don’t need the legal protections offered by estate Whether single or married, everyone needs to make plans for possible incapacitation.

Be Familiar with Existing Documents and Understand What Needs to Change The estate planning documents you will need to be familiar with include your will, medical power of attorney, statutory durable power attorney, insurance policies, and any trusts you and your spouse may have established together, such as a special needs trust to set aside funds to care for a family member with disabilities. Most of these documents will need to be updated or replaced, as you and your soon-to-be ex may have different

Two popular Social Security strategies—”file and suspend” and “restricting an application”—are being eliminated, says a recent Kiplinger article, “Some Social Security Loopholes Will Still be around in but soon to be 67 for those born in 1960 or later, you can claim your benefits and immediately tell Social You are able to apply for Social Security benefits as early as age 62, but waiting until FRA gives you Social Security generally won’t pay more than six months’ worth of benefits retroactively.

Our founder, Kimberly Hegwood, witnessed her grandparents struggle with the ins and outs of Social Security on elder law, asset protection, estate planning, long-term care planning, probate, guardianship, and special needs planning. As we have encountered the aging population’s growing need for more tailored services than a traditional informed decisions, connecting you with essential resources, and serving as an advocate for those in need

When an individual cannot take care of themselves and make decisions, they need someone to help take What Happens If a Guardian Is Not Appointed and a Situation Arises Where One Is Needed? Does The Child Need a Guardian and a Conservator? Can I Transfer a Conservatorship to a Guardianship for a Special Needs Child? A guardian is required to make sure that the child or adult has all the things they need to live.

It is usually better to set up a special needs trust to provide for the child. If you would like to leave money to your furry friend or leave instructions for their care, you will need To learn more about how your estate planning needs can be accomplished, speak to a member of our team

A special needs trust, on the other hand, may protect a beneficiary from losing government benefits or other benefits if the beneficiary is unable to earn enough money to keep up with their needs. These documents can be created to specify the beneficiaries and the terms of an inheritance. Trusts allow you to control how your assets are distributed and can cover specific circumstances. important documents, and it is a common mistake to procrastinate on executing them before they are needed

spoon-fed at a nursing home because, according to the judge’s ruling, her advance directive wasn’t specific Advanced directives should be as specific as possible. However, now the best option is to be as specific as possible when filling out an advance directive.