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April 2018 Archives

Benefits of having powers of attorney

Creating an estate plan for after your death is important, but what happens if you fall victim to incapacity or disability while you are alive? If you get into a tragic accident or develop a serious illness, you may not be able to make your own financial or medical decisions. This is why creating powers of attorney is so important.

The pros and cons of a living trust

While doing your research on effective estate planning, you have probably heard that avoiding probate is beneficial and that the best way to do so is through establishing a living trust. Another name for this kind of financial arrangement is a revocable trust. 

Tips for Alzheimer's caregivers

Alzheimer's is a degenerative disease that impacts the brain in many ways, though it is most commonly associated with memory loss. People who suffer from it eventually have trouble living alone because they can become a risk to themselves -- forgetting to turn off the stove, for instance, or forgetting how to get home.

3 key statistics about long-term care

As you move toward retirement age and start getting your estate planning in order, you're likely thinking about the potential need for long-term care. Unfortunately, this isn't the type of care you receive with the hope of recovery; it generally means that the impact of aging has made it difficult for you to care of yourself indefinitely.