The month of September is designated as National Suicide Prevention Awareness Month in the United States. The idea is to bring awareness to the issue in the hope of reaching those who might be at risk of committing suicide. The Westport elder law attorneys at Nirenstein, Horowitz & Associates, P.C. remind us that seniors may be most at risk during National Suicide Prevention Awareness Month. The Unspoken Risk of Senior Suicide Not all that long ago suicide was one of those subjects no one … [Read more...] about National Suicide Prevention Awareness Month Reminds Us that Seniors May Be at Risk
Veteran benefits are invaluable to people who served in the military and who have earned access to a wide variety of different programs and services. There are many benefits which should be available over the course of a veteran's life, but some of the most important benefits are ones that veterans become eligible for as they get older. Seniors often have more intensive needs, and the costs of providing for those needs can be very high. The VA has different programs and services available which … [Read more...] about Can Veteran Benefits Help with the Costs of Aging?
There is a legal process called probate that plays a very big role in the estate planning field. You may assume that assets can be distributed immediately after you die if you create a will, but this is really not the case. The estate must be probated before the heirs can receive their inheritances when a will is utilized to transfer assets. Probate is in place to provide oversight, but it is time-consuming, and it can be expensive. As a result, it does not always benefit the heirs to the … [Read more...] about Estate Administration: Is the Probate Court Always Involved?
Any time you are going to execute a legally binding document, you would do well to speak with a lawyer. This can seem like an overstatement of the obvious, and for many years, it certainly was. However, now that we are all plugged into the Internet, you see websites that sell generic, boilerplate legal documents. They often contend that a lawyer is really not necessary. Is this the truth? For an answer, you may want to look at some research that was conducted by the highly respected magazine … [Read more...] about Do I Need a Lawyer to Create a Last Will?
Nursing homes are very expensive, and the costs have been rising year after year. We practice law in the state of Connecticut, and nursing home costs in our state are actually higher than the national averages. According to a study that is being conducted on an ongoing basis by Genworth Financial, the median annual cost for a private room in a nursing home in Connecticut is a whopping $155,125. The median annual charge for a semi private room is over $142,000. You may not be concerned about … [Read more...] about Am I Responsible for My Parent’s Nursing Home Bills?
Arranging for the transfer of your assets in writing is one thing, but it is not the only thing to consider. Human beings are going to have to make sure that your wishes are carried out, and you may need trusted family members or friends to make decisions in your behalf should you become incapacitated. If you use a last will to state your final wishes the person who will do the legwork is the executor or personal representative. The administration of the estate is going to be supervised by the … [Read more...] about Have You Appointed Decision Makers?
Estate planning is not a generic cookie cutter endeavor because not everyone is a perfect person. There are those who tend to experience complications throughout their lives and you may have such an individual in your family. Leaving behind a large inheritance to someone who tends to run into more than his or her share of personal problems can be disconcerting. Individuals such as these probably need the financial underpinning that an inheritance will provide more than family members that you … [Read more...] about Protecting an Heir With Personal Problems
It is really surprising when you see the statistics regarding how prepared people are for the future. There was a Harris interactive survey conducted back in 2009 that shed some light on the subject. Only 35% of the people that they communicated with had executed a last will, and a paltry 29% had signed a living will. This is really unacceptable because you are putting your family at risk when you go through life without an estate plan. The survey indicated that people are often deterred from … [Read more...] about Basic Estate Plan A Necessity For All
Healthcare choices have gotten a lot of attention in the news over the last couple of years, and this is something that everyone can address in their estate plan via an advance health care directive or living will. This is a legal instrument that, among other things, allows you to communicate exactly what medical procedures you will allow or disallow. So if you want to be kept alive with life support systems, you can make that known, and if you don't, you have the legal right to record that … [Read more...] about Advance Directives A Must For Same Sex Couples