Q. My parents and my husband and I are all considering relocating to Lake Chapala in Mexico, which is a very popular retirement location for Americans because of the low cost of living, sunshine, accessibility, established expat … [Read more...]
How Conservatorship Can Lead to Abuse — UVA Law Professor Weighs In
Q. There has been so much coverage in the news about Britney Spears and her court-enforced conservatorship, and now I’m confused about conservatorships in general. I thought conservatorships are for people with severe cognitive … [Read more...]
Giving Gifts to Grandchildren Without Wrecking Your Own Financial Future or Creating a Sense of Entitlement
Q. I have six grandchildren -- three from each of our two daughters. They live close by so I see them often and adore every one of them. I am not getting any younger and have some money I’d like to gift to them now, while I am … [Read more...]
When Should I Update My Power of Attorney?
Q. I’ve had a Power of Attorney in place for two decades now. I have moved since then and have had several life-changing events occur. I’m wondering in what instances should someone update their Power of Attorney? What happens if … [Read more...]
Why You Don’t Want a Springing Power of Attorney
Q. My sister recently discussed the topic of power of attorney with her family at a family meeting. She is planning to use an online service (which I know is a bad idea from one of your recent articles on this subject) and is … [Read more...]
Does Morphine Hasten Death?
Q. My mother is 82 and has dementia. Her condition has gotten worse and hospice has been suggested. I have heard that hospice often involves administering morphine to the patient to make them more comfortable. Does morphine hasten … [Read more...]
How Do You Handle Homeowners Insurance When Your House is in a Trust?
Q. We decided to get our estate planning documents done and our home is now in a revocable living trust. We feel good about taking this action because our loved ones will not be overburdened with the nightmare of probate when we … [Read more...]
How Do FDIC Insurance Coverage Limits Apply When It Comes to Trusts?
Q. I saw a sign about FDIC insurance at the bank yesterday and it got me to thinking about our family’s trust, and I was hoping you could provide some clarification. My understanding is that the FDIC insures up to $250,000 per … [Read more...]
Critter Corner: What Should I keep in Mind When it Comes to Incapacity Planning?
Dear Hayek, I am planning on doing my incapacity planning soon. I always like to plan ahead for everything. What are the varied medical issues and methods of intervention that a person should keep in mind in order to be … [Read more...]
When A Trust is Ambiguous
Q. I have been married to my second husband, Tony, for 10 years. We have two children together and three from both of our previous marriages. I am very close with my mother-in-law, Isabella who recently moved in with us and helps … [Read more...]
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