When a crisis arises with respect to the health of an elderly loved one, there may be remedies available in Texas and elsewhere to help ease the financial strain on the individual's family members. Those remedies, however, may be smaller and fewer if sought in...
Month: July 2015
Estate planning may require sharing of financial information
When children have to confront a developing medical condition or other incapacity in an elderly parent, they should promptly try to have a frank conversation with that parent prior to a worsening of the situation. Unfortunately, human nature often makes parents...
Living will and power of attorney are strong planning steps
It is a natural inclination for someone who becomes incapacitated and in need of medical care to want to have a say in what happens. The appropriate way to set up that kind of assurance for an elderly family member is to have the forms drawn up and signed while the...
Estate planning needed for the elderly single woman
The divorce rate for first marriages is hovering at almost 50 percent and that for second and third marriages even higher. Also considering that some women stay single by choice, some experts recommend that women should think in terms of estate planning and elder...
Take advantage of smart steps for elder law planning
The amount of money a person will need to survive in old age is not something that can be precisely pinned down – indeed, determining age expectancy involves a bit of guess work. However, based on one's background, general health, genetic predispositions and...