As 2020 draws to a close, it may be time to take a fresh look at your financial and legal documents to ensure that your affairs are in order and that you are ending the year on a solid foundation This is especially important if you’ve experienced any notable life or financial changes, such as the … [Read more...] about Monticello Estate Planning Attorney: 5 Legal and Financial Moves to Make Before the End of The Year
Health Care Directives
During the early stages of Alzheimer’s disease, your mom or dad will likely need help managing his or her financial and personal affairs. If your parent already has a Power of Attorney or living will in place, a new diagnosis of dementia should cause you to take a fresh look at those documents, … [Read more...] about Monticello Elder Lawyer on The Importance of Creating Designation Documents When a Parent Has Alzheimer’s Disease
What really happens if you don’t create a will, trust, or other estate planning documents and essentially keep your head in the sand? Any Monticello estate attorney will tell you, the honest truth is that you make things much harder, more costly, and more time-consuming for your loved ones if … [Read more...] about Here’s What REALLY Happens If You Don’t Have an Estate Plan in Place
Planning for the death of an unmarried partner is critical, but so is planning for the possibility that one partner becomes sick, disabled, or incapacitated at some point during their lifetime. Under the laws of most states, an unmarried partner has zero rights to manage finances or make medical … [Read more...] about Minnesota Estate Planning Lawyer: What Happens If an Unmarried Partner Becomes Disabled or Incapacitated but Doesn’t Die?
Dementia is one of the most devastating conditions affecting seniors, resulting in an eventual loss of cognitive functions. While there is no cure for dementia or the two leading diseases that cause dementia, Alzheimer’s and Lewy body dementia, there are treatments that can slow the effects and help … [Read more...] about What are the Warning Signs of Dementia?
Minnesota estate planning lawyers are often asked by their clients to explain what comprises a basic estate plan. Unfortunately, there’s no simple answer to this question because an estate plan all depends on the situation and the needs of the individual. For instance, a basic estate plan for one … [Read more...] about 5 Estate Planning Must-Haves
Surviving this world as a young, single adult can prove hazardous to your health. Not only do insurance companies charge a premium for auto insurance, but you’re relegated to crummy apartments with non-responsive landlords, loud neighbors, and beer cans in the front yard. You’re struggling to … [Read more...] about Over 18? You need to think about estate planning.
In general, Americans are very uncomfortable talking about end-of-life issues. It can be hard for people to think about (and plan for) their own death, let alone the death of their loved ones. I get it. Yet by not discussing these issues, you are leaving your future caregivers (most often your … [Read more...] about 4 Steps to Avoid Stress at the End of Life
If you're concerned that you or a loved one could become seriously ill or even worse due to the novel coronavirus, you're not alone. As medical experts predict a more violent return of the virus in the fall or that new spikes could occur in states as social distancing is gradually relaxed, it’s … [Read more...] about Estate Planning and COVID-19: Planning Ahead for a Long-Term Crisis