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August 2018 Archives

Estate planning may lessen strain of caring for an elderly parent

Most Massachusetts residents want their parents around for as long as possible. Of course, the older parents get, the more likely it is that they will face serious health issues. Estate planning can help in this situation if parents decide early how they want their care handled and paid for. However, many people do not take advantage of this planning, and adult children may be left shouldering the responsibility of care.

Things to remember in estate planning

Planning for the future is an important and somewhat daunting task. Many Massachusetts residents begin the estate planning process without truly knowing where to begin or what they will need. Some people believe that a will is all that they will need, but there are a number of situations that are not covered by a simple will. 

Questions about a college trust fund

You had your first child, and so you decided it was time to do your estate planning. After all, though you hope you will not need it for decades, you never know. You have seen the statistics and news reports about car accidents -- you understand the very real threat of unexpected illness and disease.

Health care planning for all situations

People typically do not want to think about what their lives would be like if they were incapacitated and unable to make their own decisions, but many could benefit from considering the possibility. Massachusetts residents, as well as others across the country, who are learning more about health care planning might be unaware of how many options they have available to them. Some might believe that a will is all that they need, but then they eventually discover that they could also benefit from setting up a power of attorney or an advanced directive.

Abuse of incapacitated adults

Unfortunately, the abuse of elderly or disabled individuals is not entirely an uncommon occurrence. Many Massachusetts families have seen or experienced the abuse of incapacitated adults by appointed guardians, private nurses or even other family members. This can result in heavy fines or even jail time for the abusers.

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