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Life Insurance Proceed Advice for Widows

Elder Law

There are many options, but the best use of the money is different for each widow and her unique circumstances.

04/28/22 • by: Vick Law, P.C.

5 Steps to Avoid the Economic Dangers of Caregiving

Elder Law

If caregiving looms in your future — and it likely does if you’re a daughter, an only child or the one (if you are, you know what I mean) — take time now to protect your financial life.

04/12/22 • by: Vick Law, P.C.

Should I Delay Claiming Social Security?

Elder Law | Estate Planning

When you begin claiming affects how much money you get from the program, and once you're receiving checks, it's difficult to undo your decision.

04/08/22 • by: Vick Law, P.C.

How Do I Protect My Children in a Second Marriage?

Elder Law | Estate Planning

Who’s going to inherit on the death of one of the re-marrieds? Will this be the surviving spouse? If so, where will those inherited monies go on the second-to-die’s death?

03/30/22 • by: Vick Law, P.C.

Does Advance Care Planning Empower Patients?

Elder Law | Senior Health

New research, published in JAMA Network Open shows that using a comprehensive approach to engage patients in Advance Care Planning (ACP) during the COVID-19 pandemic effectively improves the opportunity for ACP discussions and documentation as well as equitable healthcare delivery.

03/25/22 • by: Vick Law, P.C.

Do You Need a Revocable or an Irrevocable Trust?

Elder Law | Estate Planning

There are two main kinds of trusts: revocable and irrevocable. Many seniors planning for the future may want to place their home in a trust for their children. This is especially true if the house is paid off, and free and clear of a mortgage. However, what would happen if the home were placed in a trust and the senior then decides to sell it?

03/23/22 • by: Vick Law, P.C.

What Happens to Parents’ Debt when They Die?

Elder Law | Estate Planning

Adult children typically don’t have to pay their parents’ bills. However, there are exceptions. Even when a child doesn’t have to pay directly, debt could reduce what they inherit.

03/04/22 • by: Vick Law, P.C.

How to File Tax Return When Mom Passes Away

Elder Law

No one likes doing taxes, but the task is even more daunting when filing a return for someone who has died.

02/23/22 • by: Vick Law, P.C.

Protect Your Spouse with a Medicaid Annuity

Elder Law

It’s not uncommon for older couples to reach a point when nursing home care is needed for one spouse — and the cost isn’t something they were prepared for.

02/22/22 • by: Vick Law, P.C.

What is a Conservatorships?

Elder Law

Seeking a guardianship for a loved one is a decision that shouldn't be taken lightly. Here's how the process works.

02/21/22 • by: Vick Law, P.C.

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Estate Planning Blog

Life Insurance Proceed Advice for Widows

5 Steps to Avoid the Economic Dangers of Caregiving

Should I Delay Claiming Social Security?

How Do I Protect My Children in a Second Marriage?

Does Advance Care Planning Empower Patients?

Do You Need a Revocable or an Irrevocable Trust?

What Happens to Parents’ Debt when They Die?

How to File Tax Return When Mom Passes Away

Protect Your Spouse with a Medicaid Annuity

What is a Conservatorships?

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