Are you a senior who is contemplating adding an adult child to your bank account to help manage your finances? It may seem like an easy solution for getting assistance with bill payments, but it’s crucial to weigh the pros and cons before taking action. Our Olney estate planning attorneys are here to guide you …
Pros and Cons of Adding an Adult Child to a Bank Account: A Guide for Olney Seniors Read More »
In the event of a medical emergency, it’s crucial to have your healthcare documents readily accessible and ensure that your treatment preferences are known to emergency personnel. In this article our Olney estate planning lawyers discuss the benefits of carrying your directives with you and offer tips on effectively communicating your wishes to emergency responders. …
Estate planning is an essential process for anyone looking to secure their assets and protect their loved ones. One often overlooked aspect of estate planning is the prenuptial agreement, which is an invaluable tool for protecting individual assets and ensuring a smooth distribution of assets in the event of a divorce or separation. In this …
Are you worried about the safety of an older loved one on the road? If so, you are not alone. Countless families face this issue every year, and it can be devastating for both the older adult and their loved ones to deal with. The older adult is often forced to confront the reality of …
A trust is a valuable estate planning tool that offers flexibility and control over the distribution of your assets. One essential aspect of managing a trust is opening a bank account in its name. This article will explore the key factors to consider when opening a trust bank account, including the required documentation, account types, …
Estate planning often revolves around leaving assets to family members, but what if you want to leave your estate to someone who isn’t related to you? Many people have close friends, caretakers, or even charitable organizations that hold a special place in their hearts. In this blog post, our Olney will and trust attorneys will …
As a Olney estate planning lawyer, I’ve seen firsthand how substance abuse can impact families, leaving parents heartbroken and unsure of how to protect their loved ones while preserving their legacy. In my experience, many parents want to leave an equal inheritance to all their children, but when one child is struggling with addiction, it …
If you have a parent in a nursing home, you’re likely facing a lot of difficult decisions and stressful situations. It’s natural to feel overwhelmed, but it’s important to remember that you have options and resources available to you. One question that often comes up is whether the nursing home can take a loved one’s …
Olney Elder Law Attorneys Answer, “Can the Nursing Home Take Mom’s Life Insurance?” Read More »
This month, we honor the First Responders who put their lives on the line to save others. While there is no official First Responders month in the United States, the month of May is often recognized as First Responders month because May 4 is International Firefighters Day, and May 15 is National Peace Officers Memorial …
In recent years, there has been a growing trend of people tattooing their medical wishes on their bodies, including “Do Not Resuscitate” (DNR) directives. While it might seem like a creative and potentially effective way to express one’s wishes, relying on a tattoo as a legally binding document is risky and could lead to confusion …
