An accident or illness can strike suddenly. One minute, the Colorado resident is able to take care of himself/herself and make the necessary day-to-day decisions that must be made. However, all of a sudden, something has happened, and the individual is no longer able...
Month: June 2019
Estate planning lessons learned from Aretha Franklin’s estate
Once the dust settles and the family begins to accept the fact that their loved one has died, the next step often is to begin the process of settling the estate. Hopefully, the Colorado resident left a will and other relevant estate planning documents in a readily...
Options to consider in Medicaid planning
Long-term care is expensive. Yet, so many Colorado families find themselves caught between needing long-term care services and not knowing how they can afford them. Assistance is available, although without prior Medicaid planning, it may seem out of reach.In many...
Why are twice as many seniors dying from preventable falls?
According to a recent study published by JAMA, a notable medical journal, more than twice as many seniors died from falls in 2016 than in 2000. Is your loved one at risk for becoming one of them? Who reported this information? JAMA researchers dove into cause of death...
Individual desires and estate planning
There are some things that Colorado families simply do not talk about with those outside of the immediate family. For some, these things may include politics, religion and finances. For others, it may be the wayward child or long-lost relative. Regardless, when it...
Guardianship may be necessary to care for loved one
After years of making decisions and taking care of him or herself, there comes a time when a person's aging loved one can no longer do so. When this happens, who will make the important decisions? Who will make sure the bills are paid, decide where the loved one will...
Medicaid planning: Even the low to moderate income can benefit
Estate planning in Colorado is a useful tool that many families use to protect their assets. It can also help families mitigate their long-term care costs. People are living longer, requiring them to fall back on assets and resources they originally planned to leave...
Thinking of giving to charity in your estate plan? Ask yourself these questions
Whether you have an estate plan in place or are just beginning to think about how to distribute your assets, charitable giving has probably crossed your mind. Supporting a cause you believe in is, to be sure, a worthy endeavor. However, it's reasonable to be unsure of...
Advance medical directives, dementia and Alzheimer’s
For some Colorado residents, the thought of developing dementia or Alzheimer's is a frightening possibility. Unfortunately, this can become a reality. Although there is currently no cure, there are steps that can be taken now to direct the treatment he or she wishes...
Signs it may be time to establish a guardianship over a parent
Watching a parent grow older can prove immensely difficult, especially if your parent also experiences a breakdown in his or her physical or mental capacity. At some point, many older adults reach a point where they can no longer reasonably make sound decisions on...
