Blog : Elder Law

• Dementia and Advanced Directive

  February 17, 2022

  The Roanoke Times advises in the recent article “What to do in absence of advance directive” to talk to an experienced elder care attorney to coordinate the necessary legal issues, when dementia may be at issue with a parent or other loved one. Next, ask your physician for a geriatric evaluation consultation for your loved […]

• What is an Advance Directive and Do I Need One?

  February 17, 2022

  “The art of medicine consists of amusing the patient while nature cures the disease.” Voltaire “Once a patient goes brain dead and relatives sign his organ donation consent form, he will get the best medical treatment of his life. A hospital code blue may be a call for doctors to rush to the bedside of […]

• Spare Your Family From a Feud: Make Sure You Have a Will

  February 17, 2022

  Spare Your Family From a Feud: Make Sure You Have a Will “The problem with revenge is that it never gets what it wants; it never evens the score. Fairness never comes. The chain reaction set off by every act of vengeance always takes its unhindered course. It ties both the injured and the injurer […]

• Someday’ Is Sooner than You Think

  February 17, 2022

  If you and your siblings have been worrying about older parents please understand that ‘someday’ is sooner than you think. The cause for sleepless nights for many, now comes from worrying about older parents. As parents age, it becomes more important to talk with them about a number of “someday” issues, advises Kanawha Metro in […]

• Retirement Minimum Distribution (RMDs) Fundamentals

  February 17, 2022

  Most people don’t know the rules about required minimum distributions. Also known as “RMDs,” these are the rules that require investors to make withdrawals from their retirement accounts the year that they turn 70½. However, says Forbes in the article “5 Things to Know About RMDs,” these withdrawals can have a major impact on cash flow, […]

• Retirement Is Not Tax-Free

  February 17, 2022

  What many people don’t realize that when they start drawing funds from those 401(k)s, they’re taxed. One of the reasons the accounts are so popular, is that a traditional 401(k) is funded from pre-tax paychecks, so the money deposited into the plan and any gains on the investment are not taxed until the money is […]

• Kids Grown Up? Protect Them with These Three Documents

  February 17, 2022

  Kids Grown Up? Protect Them with These Three Documents “Right is right even if no one is doing it; wrong is wrong even if everyone is doing it.”  Saint Augustine of Hippo “Everybody knows how to raise children except for the people that have them.” P.J. O’Rourke Without the right documents in place, you do not […]

• Is a Revocable Trust Valuable in Estate Planning

  February 17, 2022

  “Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all.” Dale Carnegie. “In three words I can sum up everything I’ve learned about life: it goes on.” Robert Frost. Yes a revocable trust is valuable in estate planning. […]

• How to Help Your Aging Parents Get Financial Benefits

  February 16, 2022

  If you notice your aging parent is struggling financially, you probably want to pitch in and help. Of course, doing so will mean that less money is available to pay your bills and save for your retirement. Your loved one’s money troubles could create economic stress for you and your children. It would be wonderful […]

• How to Decide Who Your Healthcare Proxy Should Be

  February 16, 2022

  It’s especially important to name a healthcare proxy, because the chances of having a crisis escalates dramatically as we age. That’s why so many people put off naming a healthcare proxy, says Forbes in the article “How to Select A Healthcare Proxy,” often only addressing this, when they are completing other documents for their overall estate plan. […]

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