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It’s Possible to Change a Revocable Living Trust

It’s Possible to Change a Revocable Living Trust

As circumstances change and life throws new challenges our way, it’s important to take a look at your future plans and make sure they still match your wishes. This means examining your existing estate plan and making changes if necessary, which is especially true for your revocable living trust. As the name suggests, a revocable…

What to Know When Transitioning an Elderly Parent to an Assisted Living Facility

What to Know When Transitioning an Elderly Parent to an Assisted Living Facility

Transitioning an elderly parent to an assisted living facility, no matter how it’s needed, is never an easy move for eldery parents or the adult children. Many do not want to leave the home they’ve known for years to move into unfamiliar surroundings, especially if they consider it to be a loss of independence. However,…

Successor Trustees: Who Are They, What’s Expected of Them, and How to Choose

Successor Trustees: Who Are They, What’s Expected of Them, and How to Choose

Revocable Living Trusts are designed to serve a variety of functions, such as providing individuals with greater control over how their assets and property are handled in the event of incapacitation or death, while also sparing loved ones from having to deal with the costs and delays of probate court. When a Revocable Living Trust…

Estate Planning When You’re Ill or Dealing with Health Challenges Related to Old Age

Estate Planning When You’re Ill or Dealing with Health Challenges Related to Old Age

Estate Planning When You’re Ill or Dealing with Health Challenges Related to Old Age Serious health diagnoses can impact your life in huge ways and may bring concerns you haven’t thought of up to the forefront. One of those concerns, which is often pushed off when everything is going well, is estate planning and/or elder…

When is it Time to Downsize?

When is it Time to Downsize?

When is it Time to Downsize? At some point, after your kids have moved out and started their own families, you may start thinking about downsizing your house. Depending on your personal situation, that may mean either moving into a smaller house, or to a senior living or independent/assisted living community. If you’ve been considering…

Will the VA Pay for Your Parent’s Nursing Home Care in North Carolina?

Will the VA Pay for Your Parent’s Nursing Home Care in North Carolina?

Nursing home care in North Carolina can be extremely costly, which is why the government has instituted different benefit programs to help seniors in need. One of these programs is administered by the U.S. Department of Veterans Affairs. VA Health Care benefits are available to any veteran who served in the United States military on…

Greensboro Estate Attorney on the Importance of Estate Planning for Blended Families

Greensboro Estate Attorney on the Importance of Estate Planning for Blended Families

Blended families increasingly are common, occurring when two people enter into a subsequent marriage after prior marriages end in death or divorce. While these relationships present many opportunities for joy and happiness, they also bring with them unique estate planning challenges, especially when children from previous marriages are involved. These challenges usually happen when one…

How to Help Your Aging Parent Create Designation Documents

How to Help Your Aging Parent Create Designation Documents

At a certain point, it’s very likely that your elderly parent will want or need help handling their finances. In addition, they will also be thinking more about what types of end-of-life treatments they’d like to receive. While they may already have a Power of Attorney or Advanced Health Care Directives in place, there’s a…

New Elder Abuse Law Offers Protection for North Carolina’s Most Vulnerable Seniors

New Elder Abuse Law Offers Protection for North Carolina’s Most Vulnerable Seniors

There’s good news for vulnerable seniors in North Carolina and across the country. As part of a larger bipartisan bill on banking reform, the Senior Safe Act became law in the month of May. This legislation is an attempt to stop acts of financial abuse targeted at senior citizens by encouraging banks, credit unions, investment…

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