You Can Be Sued For Your Parent’s Nursing Home Bill

Yes, you read that title correctly. In Pennsylvania, a nursing home can sue adult children for a parent’s unpaid nursing home bills. This law is called the Filial Responsibility Law and you need to be aware of it if your parents are currently receiving care or may need care in the future. This law has been in existence for decades but has only recently been used by nursing homes to recover a parent’s unpaid medical

Do You Know What To Do When Someone Dies?

It is surprising that even though the one thing so certain in life’s cycle is death, many people don’t know what to do when that inevitable event occurs. Following is a short guide of what to do:   At the time of death: Call 911, your local Coroner’s Office or your hospice professional if your loved one is enrolled with hospice. Call family members or friends and ask for help in notifying others. Look through

Break Down the Most Important Aspects of Estate Planning

There are many important considerations while doing your estate planning. Sometimes, it is difficult to understand the terms and language that are brought up during this time. Here is a breakdown of some of the most important aspects: Probate Defined: Probate is defined as the court process during which a deceased person’s assets are transferred to their beneficiaries. During that time, there is a creditors’ claim period where we publish the proceedings in the newspaper

When Do You Need A Guardianship Or Conservatorship In Colorado ?

Too often, individuals do not plan for illness or incapacity and have not executed proper medical or financial directives such as a durable medical power of attorney or a durable financial power of attorney. A power of attorney is a document that is executed by a competent person which gives a nominated agent the authority to manage all or some of a person’s medical or financial affairs. A power of attorney is “durable” if it

Estate Plan: More Than Just a Will

An estate plan is more than just a will. Think of it this way: a will is like just having a bicycle as your only means of transportation in a big city. You shouldn’t depend only on your Schwinn or Huffy to pedal you around town. You have other options. A will is a good start, but there’s much more to estate planning that drafting and signing a will. A will won’t necessarily preserve your

Avoid the Five Common Mistakes of Estate Planning

When – or if – people prepare for their death or disability, they often are unaware of the five common mistakes people generally make. A well-written estate plan helps you avoid those five mistakes. What are they? Mistake 1. Loss of control. Surprisingly, disability is more likely in the short term than death, so you also need to address what happens if you become disabled and cannot make medical or financial decisions. Do not assume