The passing of a loved one is a profoundly emotional and challenging experience. Amidst the mourning and grief, numerous practical matters demand attention, including the handling of financial affairs. One crucial aspect often overlooked in such circumstances is what to do if the deceased was a cred...
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By www.AsktheLawyer.us When someone passes away without a will (intestate), the estate distribution process is typically governed by state laws. The specific process can vary depending on the jurisdiction, but here are the general steps involved: Determine the Executor or Administrator The court wil...
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When a person passes away and leaves behind an estate, they often name someone in the family as the executor of their estate: the person who settles debts, distributes assets to people mentioned in the will, arranges to have estate taxes paid, and so on. If you’re chosen for this role, it coul...
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Senior citizens are more prone to falls than any other age group. This is true because seniors often suffer from arthritis, balance and gait issues, and several other conditions that increase their susceptibility to falling. Whenever a senior does fall, they’re also more apt to be severely inj...
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By National Institute on Aging Many older adults are caregivers for their grandchildren or other young relatives. In the United States, more than 2.7 million children are currently being raised by older family members. These kinds of families are often called grandfamilies, in the case of grandparen...
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If there is one gift you can give to those you love, it is getting your financial house in order. A comprehensive estate plan is vitally important, yet many put it off until it is too late. You may not realize you already have an estate plan, but it differs from what you intended. If […]
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2023 Wills & Estate Planning Study highlights the significant impact of inflation on views about estate planning, particularly among younger adults and Black Americans Charlotte, NC; March 6, 2023: Caring.com, a leading senior living referral service and the nation’s top site for senior care rev...
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By WebMD Get organized Keep track of important information in a care log. Identify your informal network Ask for help from people in the older person’s community, such as relatives, neighbors, longtime family friends, and members of religious, civic, and social organizations. Ask them to call ...
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We have the option to leave behind more than our personal assets upon death. In fact, you could actually give new life to others through the donation of healthy organs or tissue. This provides an opportunity to broaden your legacy beyond your family and immediate friends, potentially impacting the h...
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Though you may know that you need to plan for the future, you may not realize what that entails. You may have heard the term estate plan and figured that you still had time to decide what you want to be done with your things. In fact many prefer not to think about it, though […]
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