If your parent can no longer manage his or her own care without help, it may be time to appoint a guardian. A guardian assists a vulnerable adult (also called the ward) in various tasks, from arranging health care to shopping for clothes and food. This role is a...
Month: June 2020
Changing your estate plan as your kids grow up
Having children can change a person’s ideas about the future. As such, creating an estate plan is something many people do when they become parents.Creating an estate plan is certainly wise for new parents. However, it is also important to update and revise your plans...
Protecting your charitable ambitions in your estate plan
Wanting to support a charitable cause you believe in can be a critical component of your estate plan.In most cases, charitable organizations welcome and appreciate gifts of any size or type. But to maximize and protect your donation, and to make it easier for the...
Perpetrators of elder abuse may be closer than you think
When people think about financial abuse that targets seniors, they often imagine digital spam and telemarketing scams. As a result, family members may not recognize that a parent or other elderly loved one may be at risk of abuse by someone they know. Tragically,...
4 mistakes to avoid when creating a trust in Colorado
Trusts can be a critical part of an estate plan. People create trusts for various reasons, including probate avoidance, shielding assets, protecting young or disabled beneficiaries, reducing estate taxes. Whatever reasons you may have for wanting to include a trust in...
What do guardians and conservators do?
Being appointed to certain legal roles can be intimidating. In the space of one event, you could become responsible for someone else's financial health, safety and decision-making. It can be a lot to take on, particularly if you are not prepared for the role.For...
Ensuring your parent’s safety with in-home care providers
Having in-home care for your parent can give adult children a great sense of comfort and relief. Many people in this situation are happy that their parent can stay in his or her own home without feeling like they are responsible for a mom or dad’s health and...
Why should I have a Medicaid plan?
If you are healthy, it can be difficult to imagine a situation where you would require full-time care in a nursing home. However, this is one possibility you should not ignore when you are thinking about the care and services you may need as you get older.In fact,...