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The Difference Between Power of Attorney and Guardianship

Navigating the intricate landscape of elder law can be daunting, especially when faced with the decision between guardianship and power of attorney for elderly parents. This article sheds light on the difference between guardianship and power of attorney, providing clarity on which approach might be the best fit for your family's unique situation. What Exactly Is a Power of Attorney? A power of attorney is a legal document that empowers an individual, often referred to as the agent; or attorney-in-fact; to act on behalf of another, known as the principal.
11/30/23 • by: Vick Law, P.C.
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What’s the Secret to Saving on Funeral Expenses?

Pre-planning is the secret to saving costs on funeral expenses. Here are six ways to cut the costs on end-of-life services.
11/16/23 • by: Vick Law, P.C.
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How to Get Your Estate Plan Started

You’re not too young, you do have enough assets and don’t you want to make things easier for your loved ones after you pass away?
11/16/23 • by: Vick Law, P.C.
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3 Big Reasons to Have an Estate Plan

Estate planning not only makes things easier for your loved ones if you become incapacitated or when you’re gone, but it also does these three important things.
11/06/23 • by: Vick Law, P.C.
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How Does an Inheritance Trust Work?

Inheritance trusts take on critical importance in wealth management, particularly for multi-generational families.
10/30/23 • by: Vick Law, P.C.
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Why Your Will Is Just One Part of an Estate Plan

Those beneficiary forms you filled out years ago can supersede your other estate plans.
10/30/23 • by: Vick Law, P.C.
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Estate Planning Myths Debunked

In my experience, estate planning is one of the areas of personal finance with the most widespread confusion. Unfortunately, this can lead to costly mistakes in time, money and stress on people's families.
10/30/23 • by: Vick Law, P.C.
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How Should I Handle an Inheritance?

Receiving a financial windfall like an inheritance can be an emotional time — one that might prevent you from seeing the bigger picture.
10/30/23 • by: Vick Law, P.C.
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Should You Rethink Trust?

Do I need a trust? While this is an admirable goal, a trust may not be the only way to avoid probate.
10/25/23 • by: Vick Law, P.C.
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Is the Cost of Nursing Homes Increasing?

The cost of nursing homes and adult care grew by 2.4% in July, the biggest increase in any month since 1997.
10/23/23 • by: Vick Law, P.C.
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