
Taking Care of Dying Parent’s Financial Affairs Can Be Challenging
Dealing with a sick family member is a challenging and emotional time.
Counsel & Advice From Top New Mexico Estate Planning & Elder Law Attorney
Elder Law is a legal practice area that focuses on the unique legal issues affecting senior citizens, including estate planning, healthcare, long-term care planning, guardianship, and protection from elder abuse. Elder Law attorneys are equipped to provide legal assistance to seniors and their families, and they understand the complexities and nuances of laws and regulations that affect the aging population.
Overall, Elder Law attorneys work to protect the legal rights and interests of seniors, providing guidance and support to help them navigate the complex legal landscape and plan for a secure and comfortable future.
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Dealing with a sick family member is a challenging and emotional time.
My mother passed, and she was an administrator of my grandfather’s estate and the inheritances. The estate accumulated quite a bit of back taxes over the years. Will the IRS put a lien on that estate as well as hers to retrieve funds?
It’s not uncommon for older couples to reach a point when nursing home care is needed for one spouse — and the cost isn’t something they were prepared for.
There are actually several tax credits and deductions available to adult children who help look after their aging parents or other relatives.
When you begin claiming affects how much money you get from the program, and once you’re receiving checks, it’s difficult to undo your decision.
America’s biggest health care companies continue to focus on home-based care and aging in place, in 2022. Hopefully other insurers will follow with their plans soon.
As a review of terms, a will is a legal document that specifies how a person’s estate should be handled only after that person’s death. A living will has nothing to do with how your “things” like property, money, jewelry, etc. are to be distributed. Unlike a will, it is, in fact, a document that comes into play while you’re still alive.
Estate Planning may not be something you necessarily WANT to think about, but it could protect your interests and wishes long after you are gone.
Medicare Advantage health insurance plans for 2022 offer seniors more options than ever.
Whether you drew up a will recently or years ago, keep in mind it’s generally not something you can set and forget.