The Asset Protection Trust Explained

At Elder Advisors Law, we take an innovative approach to estate planning. It matters to us that there is intention behind everything we do and everything we urge our clients to do. We’re not going to urge you to do X, Y, and Z or use so-and-so estate planning documents just because it’s what we’re used to or because it’s what’s always been done. When we make a recommendation or build a customized estate plan, we like Read More

Three Reasons Coronavirus Makes Estate Planning More Important Than Ever

These unprecedented times are scary for us all. Though the numbers are still out, it seems that while coronavirus is mainly life-threatening only for the elderly and immunocompromised, it can also in some cases claim the lives of the young and the healthy. For many, this is a wakeup call. Between accidents and undetected medical issues, the young and seemingly healthy have never been death-proof, but the highly Read More

Dealing with a Dementia Diagnosis: 4 Ways to Help Your Parent Plan for the Future

Sometimes a parent’s dementia diagnosis comes as a surprise, and sometimes you’ve known it was coming for a while and hearing it officially diagnosed is simply a confirmation of your fears. Whether you’ve been in denial or just chalked the forgetfulness and unusual behaviors up to old age, or you’ve spent weeks or months reading up on dementia in anticipation of this diagnosis, getting that diagnosis is your cue to Read More

The Difference Between Pre-Planning and Crisis Planning

In life, we never know what the future will hold. Tomorrow is not guaranteed and the unexpected could be waiting around any corner. This rings especially true when you’re a senior. That’s why it is important to have a plan in place that can help you in various scenarios — such as if you develop dementia, if you need to move into an assisted living facility, if you have a health emergency, or if you stay well and Read More