Long term care planning can be important since many people in Pittsburgh, Pennsylvania, may have to spend their last years living in a nursing facility. One thing that nursing facilities generally have in common, however, is price, with the average cost being $321.95...
Month: May 2017
5 tips for discussing nursing home care with your aging parent
Long term care and nursing home planning may need to be discussed with your aging parents. Are you trying to figure out a way to broach the conversation? You have good intentions and are only bringing up this topic because you love them, but the discussion can be very...
Examining the responsibilities of a Guardian of the Person
In Pennsylvania, guardianships are sometimes sought over adults who can no longer handle their own medical or placement decisions. Those appointed as guardians have a lot of responsibility for their wards, which responsibilities are grouped into two basic categories....
Heirlooms and Estate Planning
Estate planning sometimes deals with family heirlooms. A growing trend finds family heirlooms being sold or given away by younger generations to whom these items have been left because they do not see the value in holding on to them. Millennials and generation X'ers...
We help people planning for long term care
Long term care planning is an issue that many Pittsburgh residents must face when dealing with the needs of their older relatives for assisted living or nursing facility care. Planning for long term care is something that should be done sooner, rather than later....
Baby Boomers: Can You Afford Nursing Home Care?
According to the U.S. Census Bureau, Pennsylvania has the fifth largest number of baby boomer residents. In fact, as of 2015, nearly 20 percent of the state's population was age 65 and older. For these individuals and their family members, it's important to take steps...
Trusts could be the way for long term care planning
Long term care planning may involve the use of irrevocable trusts. Why are these trusts useful vehicles to protect your assets? Irrevocable trusts take the assets out of your name and control, which can protect them from being exposed to paying for your long term...
Where to probate out-of-state property
Every executor comes to the estate administration process with a different amount of estate administration experience. Many people have no estate administration experience at all. Others have administered one or two estates before, and some have lots of experience...