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Risks of an Old Will
Do you have an old will? Does it need to be updated? Most changes any estate plan faces can be summed up by examining the “3 L’s”: Life – What has changed in your family, your health or your finances since your last will was created? Law – What legal or tax...
Is Your Loved One in a Nursing Home?
Is your spouse, parent, or sibling in a nursing home? Are you worried about running out of money? Have you been told it’s too late to protect assets? These are common concerns we hear when meeting with clients for the first time. Our advice is...
Do I need an attorney to assist with probate?
After losing a loved one, many people ask the question, “Do I need to hire an attorney?”That depends — do you know what needs to be done? Are you having problems transferring assets? If everything is in joint tenancy – meaning the survivor becomes the...
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Prenuptial Agreements and Estate Planning
Prenuptial agreements aren't just something you should consider in the context of what will happen to your assets in the event you should divorce. Prenups are also really handy when it comes to estate planning. What does a prenup have to do with estate planning? Keep...
Getting Old Ain’t for Sissies: 9 Things to Consider As You Get Older
As anyone who is aging can tell you, the old saying is true: The days may be long, but the years are short. Time may be speeding by so much that there's a good chance you haven't sat down to discuss with loved ones the different things you should consider as you get...
Your Bucket List for Estate Planning: Why a Trust Might Be Right for You
The Bucket List, a 2007 Morgan Freeman and Jack Nicholson movie inspired a lot of people to think about their own bucket lists, or the things they would like to do before they die. While a trip around the world in a sailboat may seem a lot more exciting and...
What’s the Difference Between a DNR and a POA?
End of life documents can be quite confusing and intimidating (the use of acronyms doesn't help). So we'd like to set the record straight and help clear things up. Let's start with the types of documents commonly used: POA This simply stands for Power of...
Approaching End of Life Issues With Forethought
Diagnoses like dementia and cancer are hard to receive. While these conditions are often treatable, and it's possible to live with them for a significant length of time, the unfortunate truth is that no one can live forever. That's why it's important to put thought...
Caring For Your Loved One
Oftentimes, people need to quickly understand how to best care for their aging family members, which leaves them feeling desperate and overwhelmed. Many legal, medical, financial, and care decisions must be made, and it’s important to honor your loved one’s wishes....
8 Costly Myths About Wills
There are a lot of misconceptions surrounding wills and estate planning. These wrong assumptions cost families time, money, and stress on a regular basis. Here are eight costly myths about wills that you should be aware of: 1. Wills avoid probate. False! In fact,...
14 Home Healthcare Mistakes to Avoid
Choosing home healthcare can be a very difficult and complicated decision. Experienced elder law and estate planning attorneys should be able to help you avoid home healthcare mistakes because they have experience in this area. We actually have quite a few tools that...
Everyone Over 18 Needs One of These…
At our house we like to watch the old shows like Little House on the Prairie and Andy Griffith. Bailey, our daughter, loves watching "Half Pint" and Barney Fife. Those are great shows and they reinforce some great old-fashioned values. In estate planning, there are...
Family Lending: Bad Idea or Strategic Investment Opportunity?
We are living in interesting times. Several Edwards Group clients have expressed uncertainty about how to safely invest their money given these unprecedented low-interest rates. Certificates of deposit have long been a favorite for risk-averse investors, but in this...