A Living Trust, (more formally referred to as Revocable Living Trust or Revocable Trust) holds your assets in trust for your use and benefit during your lifetime; and it gives clear direction on how those assets will be distributed upon your death. One of the prime advantages of a Living Trust is that it can...
Sometimes a crisis occurs before an estate plan has been completed. In this webinar, Nurse Attorney Cathleen Summers discusses the options that may be available to help you or your loved one manage the crisis. Introduction 0:35 – The first step 2:45 – What can be done: Pre-Planning documents is preferred 3:05 – Power of Attorney,...
For many people, their house is their most treasured and valuable asset. Kids have been raised there, memories of a lifetime created, and it is only natural to want to pass the family home to the next generation and avoid probate. But is it a good idea to transfer the house to your child? The...
Nurse Attorney Cathleen Summers talks to solo agers about the importance of reaching out to others and creating a life plan so you don’t feel lonely or isolated. Introduction 1:07 – Statistics of Solo Agers 2:30 – What a Life Plan is and what it covers 5:00 – Health & health care issues 8:50 –...
You have managed to successfully raise your family and are now enjoying your independence that the empty nest affords. You have a daily routine and are used to being in control and on your own. Sometimes, however, life throws us a curve ball. Perhaps you have recently lost your spouse, or you have been dealing...
It’s heartbreaking to comprehend losing a loved one; losing a loved one from complications of the COVID-19 virus can be even more difficult to bear. The swift and sudden onset and extreme contagiousness of the illness means patients are dying without loved ones by their side. These factors can make it especially challenging for those...
The call came into my husband’s cell phone as we were sitting down for his 50th birthday dinner: “Your father has fallen and requires emergency surgery.” Since Bob had dementia and didn’t have family in the area, the doctors immediately looked to contact his health care proxy. Fortunately, years before the dementia set in, Bob...
Q: Mom lives alone in the family home where we all grew up. She seems lonely since Dad passed away several years ago. I’m worried about her safety; she lacks socialization and it seems getting around is becoming more difficult. Taking care of a big home by herself is getting difficult. As her daughter, I...
If you are a fan of the TV series “This Is Us”, then you have been following the story line about Rebecca and her diagnosis of dementia. According to the Alzheimer’s Association 2019 Facts and Figures, 5.8 million Americans are living with Alzheimer’s Disease, which is just one form of dementia. Additionally, 1 in 3...
Dorothy from the Wizard of Oz had it right: “there’s no place like home”. As we move through life, trying to avoid the Wicked Witch of the West and the Flying Monkeys, our home is a place of great love, security and comfort. Often a lifetime of memories with family and friends is created within...
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