For many of us, the simple act of creating an estate plan may seem daunting and, once done, we tend to put it in the “completed” pile. But it’s important to remember estate plans are created at a certain point in our lives with provisions made based on our life and family circumstances at that moment. One thing is certain about life
First things first. Everyone who owns something and has wishes about how they age or who might benefit after they are gone needs an estate plan.
Recognizing the need for more coordinated and comprehensive mental health services in the state, the New Hampshire Department of Health and Human Services (DHHS) rolled out a 10-year plan in 2019. The vision was for a comprehensive statewide mental health system that improves access, integrates mental health and primary care, and focuses on suicide prevention.
Even with the recent cooling of the real estate market, home prices have been on an impressive trajectory for the last several years. If you are a senior in retirement, what impact might a substantial increase in your home value have for you in retirement? If you purchased your home even just a few years ago, its value has likely increased significantly.
And When Should Some Powers of Attorney be “Durable”? You may have had some exposure to executing a power of attorney in your lifetime. Essentially, a power of attorney, or POA, is a document that grants legal authority to another individual to act on your behalf. The reason for that can be varied – perhaps you are granting someone the authority to
Even with the recent cooling of the real estate market, home prices have been on an impressive trajectory for the last several years. If you are a senior in retirement, could a significant increase in your home impact your eligibility for Medicaid?
Do you have a will? If so, we commend you. Having a last will and testament in place will help ensure your wishes regarding the conveyance of your assets after your death are carried out. But is a will enough? Should you be considering other methods of holding and conveying property such as a trust? To answer that question, you’ll need to
It can be hard to imagine a time when we’re not self-sufficient. However, needing some level of assistance as we age is a real probability. In fact, over half of adults over 65 will require some measure of long term care, ranging from just a few months to five years or more.
If we could name one asset that is the most important to manage when it comes to government-funded nursing home assistance, it would be the family home.