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Estate Planning Checklist for 2024: A Comprehensive Guide

Estate planning is more than writing a will; it’s a plan to manage and distribute assets to your dependents. It documents your healthcare preferences, so a loved one decides on medical care according to your wishes. The National Council on Aging (NCOA) Adviser’s article, “Estate Planning Guide and Checklist for 2024,” offers a comprehensive overview of what to consider when planning your estate. This blog post distills the key points from the article and provides an actionable checklist for 2024. Understanding Estate Planning Estate planning organizes your affairs to fulfill your wishes after you pass away. It encompasses decisions about…
03/29/24 • by: Vick Law, P.C.
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A Well-Rounded Estate Plan Addresses Cognitive Decline

We explore the critical importance of addressing cognitive decline in estate planning to safeguard assets and ensure intended inheritance.
03/29/24 • by: Vick Law, P.C.
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Understanding Medicaid Asset Protection Trusts

Medicaid Asset Protection Trusts (MAPTs) are a strategic way to qualify for Medicaid benefits and to preserve your assets. This blog explores how MAPTs work and their benefits.
03/29/24 • by: Vick Law, P.C.
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When Should I Hire an Elder Law Attorney? A Guide for Seniors and Caregivers

Handling your parent's or spouse's financial affairs and long-term care planning is not for the faint of heart or a task for the unprepared. Having an experienced elder law attorney advocate for you who helps create a comprehensive estate plan benefits the family.
03/29/24 • by: Vick Law, P.C.
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How to Get a Conservatorship for a Parent

Conservatorship focuses on financial affairs, managing assets and handling financial decisions for someone unable to do so.
03/29/24 • by: Vick Law, P.C.
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Medicaid Asset Recovery Can Take Your Legacy

Did You Know Medicaid Can “Recover” Your Family Home? Click to learn about MAPT and how to protect your family home and legacy.
03/20/24 • by: Vick Law, P.C.
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4 Reasons You Need an Estate Plan If You Aren't Wealthy

Estate planning might sound like something for wealthy people with huge beach houses and billions in the bank. However, the truth is that estate planning is something we all need to think about to protect ourselves and loved ones.
03/15/24 • by: Vick Law, P.C.
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The Power of Family Trusts - Protect Your Family's Future

Establishing a family trust can be a crucial step in protecting your assets and ensuring the financial well-being of your family. If you’re considering setting up a family trust, contact an experienced estate planning attorney to explore your options and create a plan tailored to your needs.
03/15/24 • by: Vick Law, P.C.
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4 Estate Planning Tips to Plan for Cognitive Decline

Once your cognitive abilities begin to decline (which can start in your early 60s), your accounts could be at risk. Here’s how to protect them.
03/15/24 • by: Vick Law, P.C.
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Why Do I Need to Name an Executor?

Why do I need to name an executor? An executor participates in the probate process and manages assets during it. This individual has a fiduciary duty to act in the best interests of the estate. This is the highest duty owed under the law.
03/15/24 • by: Vick Law, P.C.
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