Search Results

A court cannot make decisions on your behalf about what happens with your property, accounts, or guardianship Dementia may affect estate planning, as the person suffering from this illness loses the ability to think If a patient passes away without a will, the state’s laws determine the distribution of the person’s

In the case of a single mother, nominating a guardian for her kids is critical in case of the mother’ If a guardian is not legally named, the courts will step in and choose a guardian for the child without

If you have minor children, you need a will to designate guardians for them. A will can name a responsible person and make for a smoother transition for the animal. #AssetProtection #Guardianship #EstatePlanningLawyer #EstateTax #Medicaid #Inheritance #Wills #Trusts

As WMUR9.com explains in “Money Matters: NH health surrogacy laws,” this person is known as a surrogate ; A close friend to the patient; An agent with financial power of attorney or a conservator; or The guardian The start of a guardian proceeding places the surrogate’s authority on hold until the outcome of that This ability terminates if: The patient regains health; A guardian is appointed; or The patient is near healthcare providers must still undertake “reasonable inquiries” as to whether the patient has an existing guardian

incapacitated, you would have to go to court in order to be given the legal authority to become your parent’s guardian

Elder financial abuse occurs when an elderly person is exploited or taken advantage of financially. Forging a signature on a check or legal document Using undue influence to take control of an elderly person an elderly person to change their estate plan Signs of Elder Financial Abuse Elder financial abuse can However, some common signs may indicate that an elderly person is being financially abused: Unexplained If you suspect an elderly person is being financially abused, it is important to document everything.

The only person who is legally allowed to sign a healthcare directive is the principal themselves. No matter how sick a person might be, they must write their signature in order to officially designate Many healthcare workers are not actually aware of this rule and may be personally willing to serve as If they are unable to follow through with your wishes because of their own personal beliefs, they may not be the best person to select as your healthcare agent.

However, probate is necessary to handle a deceased person’s estate assets. An executor of an estate—or a personal representative—is the person who carries out a person’s will and Typically, a person will appoint an executor in their will. Passes Away This may be self-explanatory, but you cannot carry out the will before the testator—the person that you cannot make financial decisions for the testator. #2 Sign an Unsigned Will for the Deceased Person

Radio personality Casey Kasem had dementia. Falk’s Washington bill says a guardian can’t restrict an incapacitated person’s right to visit and communicate However, the guardian could block visitation if they showed good cause. The bill would also require guardians to notify close relatives and others if the incapacitated person Another proposal Kasem supports is one that requires a guardian to tell close relatives and friends if

A Medical Power of Attorney appoints a trusted person to make decisions for the individual if the individual someone does not have an advance directive, Texas law provides for how decisions will be made if the person If the doctor knows what the person’s wishes are, then the doctor will carry out those instructions. If, however, the doctor does not know what the person’s wishes are, Texas law spells out whom the doctor Advance directives become valid only when the person who created it is unable to speak for himself.

avoid these common planning mistakes: Skipping Disability Insurance Pop quiz: How long would your personal Unfortunately, your personal expenses will not stop just because you are unable to work. Mixing Business and Personal Finances Many family-run businesses start small. your company out of your basement or garage, it can be easy to forget to separate your business and personal Nip this problem in the bud by setting up business accounts that keep your personal finances out of your

Married with children: When a married person with children dies without a will, everything that is “jointly Probate is the judicial process that distributes a deceased person’s assets. The rest generally goes to the deceased person’s parents, or if they are dead, to brothers and sisters Single with no children or grandchildren: The estate will usually go to the deceased person’s parents