Living Will

Family Assets Staff

A living will is an advance directive that protects your right to accept, refuse, or cease medical treatment even after you’ve been certified as incapacitated by at least one physician.…

Durable Power of Attorney

Family Assets Staff

In 2016, the number of adults aged 65 and older in the U.S. increased to 49.2 million from 35.0 million in 2000, according to a 2017 U.S. Census Bureau report. Older…

About Durable Power of Attorneys for Finances

Family Assets Staff

Americans are living longer lives. The average life expectancy today is 76.3 years for men and 81.2 years for women, according to health research by the Centers for Disease Control and Prevention…

Guide to Power of Attorneys

Family Assets Staff

A power of attorney is a legal document that appoints someone to make legal and financial decisions for another person in the event of significant illness or injury. Annually over 8.3…

What Is a Last Will?

Family Assets Staff

After a person passes away, their family needs to distribute their property and assets. This process can be difficult because the family may not know what the person would have…

What Is Estate Planning?

Family Assets Staff

A person's estate is the collection of all their property, money, and other assets at the time of their passing. Because all of a person's property must be distributed after…

A Guide to Trusts

Family Assets Staff

A trust can be an effective asset management tool that can help plan your estate during your lifetime. However, there are different types for different purposes, so it’s essential to…

Elder Law: What You Need to Know

Family Assets Staff

Elder law is a legal specialty that helps protect people as they age. Seniors must make many important decisions, like where to live, how to protect their assets, access medical…

5 Tips for Finding the Right Elder Law Attorney

Family Assets Staff

Lawyers in the elder law field focus primarily on helping older adults obtain health care and housing and protect their money and families. There is a growing population of people…

6 Common Scams Directed at Seniors

Family Assets Staff

The senior population is vulnerable to scams — the FBI reported that in 2021, people aged 60 and over reported losses of $1.7 billion to the bureau’s Internet Crime Complaint…

Medicaid Estate Recovery: Can Medicaid Take Your House?

Family Assets Staff

Medicaid is a health insurance program jointly funded by state and federal governments. As part of the Medicaid program, low-income Americans, including seniors, adults, children, pregnant women, and people with…