Serving the Cleveland Area since 1994
Serving the Cleveland Area since 1994
Who you name as your power of attorney is a serious decision. This is the person you trust to handle your affairs if you become incapacitated. There are several things to consider when choosing your agent under a POA. Here are three elements to inform your decision....
As a loving parent, you want to protect your children through careful and deliberate estate planning. However, you also wish to protect your legacy. If you have concerns about your children’s ability to manage your assets after your passing, then you can establish...
It can be difficult to know when you should get help for your aging parent. Perhaps you and your family have been handling many of the responsibilities, or maybe your parent insists he or she does not need any help. The United States Department of Health and Human...
Medicaid eligibility is often complicated. Using Medicaid estate planning, long-term care applicants can meet the program's asset limits for eligibility purposes while maintaining legal protection of their assets for their families and loved ones. Medicaid estate...
Perhaps your widowed mother is beginning to have some trouble keeping her finances up to date and her bills paid on time. She is asking for your help, and you believe the time has come to create a power of attorney (POA) for finances. However, there are two types....
No one wants to think about what happens when their health declines or what their loved ones will do after they die. But planning for these events while you’re still healthy can prevent many unwanted consequences. Making decisions now over how to manage your estate...
If you have an elderly or infirm parent, you may have little choice but to place him or her in a nursing home or another long-term care facility. Still, you may have heard horror stories about abuse and neglect in nursing homes. You may also wonder if the nursing home...
Your elderly mother has agreed that it is time for her to transition to assisted living. She is interested in a certain facility and you are going to take her to visit the property. Make sure you ask about the safety and emergency plans in place. Preparing for natural...
The concept of "aging in place" has gained popularity among seniors who need help with everyday activities, but want to stay in their own homes. If this describes your loved one, you may have questions about how the arrangement will work. Review these considerations...
When living alone becomes dangerous for an aging parent, you may begin considering whether it might be time to move your mother or father into an assisted living facility or nursing home. You may find, though, that your parent resists leaving his or her home, at which...
