If you have concerns about providing for your special needs child after your death, estate tools such as a special needs trust and a life insurance policy can help fulfill your wishes. As you make your estate plans, you should know how to use your life insurance...
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Who can contest a Will that has been filed for probate?
Probate is the process during which the decedent’s Last Will and Testament are placed of record at the Register of Wills Office in the county where the decedent resided. The Orphans’ Court oversees the distribution of the assets of the Testator – the person’s whose...
Is a funeral trust right for you?
If you do not want to burden your loved ones when they are grieving your death, you have probably thought about planning your celebration of life or funeral. You should not forget to set aside some money to pay for it, though. After all, according to the Zebra, the...
What should I look for in a good nursing home?
Choosing a nursing home for your loved one is a stressful time for everybody. With the prevalence of elder abuse, it is absolutely paramount to do due diligence when making this decision. However, even beyond the realities of abuse, you will also want to look for a...
What should you look for in your trustee?
Setting up a trust can help to manage your assets and ensure that your beneficiaries receive the inheritance you plan for them more quickly. While creating a trust, however, you must choose a person to oversee and administer the trust, known as the trustee. According...
Can you keep your funeral from being depressing?
If you have ever been to a funeral, you know how downright depressing many of them can be. After all, mourners tend to dress in black, shed buckets of tears and listen to outdated dirges and hymns. While there is certainly nothing wrong with wrapping up a life with a...
3 reasons not to let your elderly parents get too lonely
Like most Americans, you feel busier than ever nowadays. In addition to working a full-time job, you have a family to raise. You also have social, cultural and religious obligations you must fulfill every single week. All of this leaves you with precious little time...
What are the limitations on decision-making when dealing with dementia?
Dementia is a degenerative disease that limits an individual's ability to solve problems, think critically or use language effectively. As the condition progresses, the loss of cognitive function increases to the extent that an individual is generally incapable of...
Explore what goes into the usual funeral costs
When talking with your family about your estate plan, it is important to cover as many aspects as possible — including your funeral arrangements. Doing so gives you a chance to talk over your preferences and get your family's input. Pre-planning can make matters much...
Do advance directives belong in an estate plan?
Having your affairs in order before you die is a way to protect your family and heirs. A complete estate plan, however, should also contain tools that keep you safe as well if you become disabled or incapacitated. Comprehensive planning includes more than a will. The...