With everything else that comes after learning that you’re pregnant, it’s easy for most women to forget about estate planning concerns. The fact is, most people don’t develop an estate plan at all, much less after they learned they are pregnant. Yet there are some decidedly important concerns you need to address if you’re pregnant, as well as if you’ve already given birth. Appoint the … read more
Estate Planning
Have Healthcare Documents for Your Children – A Letter From Cheryl
Dear Readers, This weekend I was out of town and my 16 year old daughter, Jennie, had to be hospitalized for intense stomach pains which ended up being related to her appendix. I was in Philadelphia with my husband at a family event and despite doing everything in my power to get home, I couldn't get a plane until the next day. Fortunately, I left a health directive giving my 24 year … read more
The Modernization of Medicaid by the States
Regardless of the decision by individual states to accept or reject the Medicaid expansion called for by the Patient Protection and Affordable Care Act (PPACA), all states have to make changes to their Medicaid enrollment systems in order to be in compliance with the PPACA provisions, which take effect on Jan. 1, 2014. And, according to the results of a state survey that was conducted … read more
More Families Staying in the Same Home
America is changing, and sometimes in ways people don’t always expect. New data from the U.S. Census Bureau shows that more and more Americans are living in households with multiple generations. According to figures released late last year, about 5.6% of American families are living in multigenerational homes. That equates to about 4.3 million households throughout the country. While … read more
The Basics on Living Trusts
People in Guilford County, North Carolina who make a will often create a living trust as part of a more comprehensive estate plan. If you have questions about the living trust, you are not alone. If you would like to learn the answers to some of the most basic questions about living trusts, then keep on reading. Why is it called a living trust? The living trust is so named because it … read more
The New Century of Estate Planning
For the most part, the law is very slow to change. The reason for this is that it provides stability and certainty to our world. After all, if every judge could do whatever he or she wants, without regard to the cases that have come before, the legal system would collapse; there would be no system. But with the advent of the 21st century, the law has done quite a bit of changing, well, … read more
Think Twice Before Getting a DNR Tattoo
A little over a year ago an 80-year-old woman in England had the phrase “Do Not Resuscitate” tattooed on her chest. For those of you who do not know, a DNR order, or do not resuscitate order, is a medical directive that states your desire for not receiving CPR should your heart stop. While having your medical wishes tattooed on your body may seem like an appealing idea to you, there … read more
Some Estate Planning Issues Are Easy to Overlook
Creating a will in Greensboro, North Carolina, is not typically very difficult. As long as you are honest with your estate planning attorney and know what you want to accomplish, a will is a relatively easy legal document to create. However, there are some issues that many people creating a will sometimes overlook. This is especially true if you use do-it-yourself estate planning and … read more
Do You Need Asset Protection?
Some people creating an estate plan in North Carolina will need to include an asset protection plan as well. With asset protection, you create various tools that ensure that you keep as much of your money as possible when faced with, for example, a lawsuit or creditors. Though your attorney will have to evaluate your situation in order to tell you what type of asset protection tools will … read more
3 Common Questions About Long Term Care Insurance
If you are worried about the ever-rising costs of nursing homes or extended care facilities, long-term care insurance is one possibility you may want to consider. While most people will never have to go into a nursing home, the costs associated with even temporary stays can be significant. Here are three common questions many people have about long-term care insurance and how it … read more
