If you have not researched the subject, you may think that a Last Will is something that family members handle among themselves after you pass away. The executor that you select reads the Will to the group, and this individual then proceeds to distribute your assets in accordance with your wishes. The truth is that things are not quite this simple. The probate court is involved when you utilize a Last Will to elucidate your final wishes. This court supervises the administration of the estate, … [Read more...] about Why Do Some People Avoid Probate?
Consider Children Before You Remarry
When you decide that you would like to get remarried, as a parent you have a somewhat delicate situation on your hands. You logically do not expect the union to end in divorce, but well over half of second marriages do not last. Third marriages are more likely to end in divorce than second marriages, so you have to consider the odds if you want to be pragmatic. And of course, there is also the possibility that you may predecease your spouse. If you don't take the proper steps, there is no way … [Read more...] about Consider Children Before You Remarry
Veterans may have to Contend with Look-Back Period
Given the extraordinarily high cost of long-term care, you have to take advantage of any benefit that may be available to you that would defray your assisted living expenses. Veterans of the United States Armed Forces who served for even a single day during a time of war may be entitled to just such a benefit. The Veterans Aid & Attendance special pension is available to veterans who have served for at least 90 days, with a minimum of one of these days taking place during wartime. You are … [Read more...] about Veterans may have to Contend with Look-Back Period
Late Academy Award Winner had Rocky Relationship with Sons
It is important to address the possibility of a reduction in your cognitive abilities when you are making preparations for the latter stages of your life. People are living longer than ever, and once you reach your 80's you may suffer from a diminished capacity to make sound decisions. With the above in mind, we would like to highlight the rocky relationship that existed between the recently deceased Academy Award-winning actress Celeste Holm and her two sons. Holm was 95 when she died in July … [Read more...] about Late Academy Award Winner had Rocky Relationship with Sons
Shorter Strides, Slower Gait may be Alzheimer’s Indicators
Given the fact that dementia strikes upwards of half of all Americans who are 85 years of age and older, incapacity planning is really a must for serious minded individuals. If you fail to take action in advance and become incapacitated, a conservatorship proceeding could take place and your affairs could wind up being conducted by an individual who is not of your choosing. On the other hand, if you are proactive about executing the appropriate documents, your own hand-picked decision-makers … [Read more...] about Shorter Strides, Slower Gait may be Alzheimer’s Indicators
Wife of Painter Kinkade Challenges Holographic Wills
A holographic Will is a last Will that was authored and signed by the testator in his or her own hand. The popular painter Thomas Kinkade died in April, and his girlfriend at the time of his death has produced two holograph Wills that were written out and signed by Kinkade. The above sounds simple enough, but there is much more to this story. Thomas Kinkade died of acute intoxication having ingested lethal quantities of alcohol and Valium. An expert who evaluated the handwriting states that … [Read more...] about Wife of Painter Kinkade Challenges Holographic Wills
Final Affairs Can Be Matter of Public Record
There are multiple ways to arrange for asset transfers to take place after you pass away. The two most common methods would be the creation of a last will or revocable living trust. A revocable living trust may sound imposing, a vehicle that is only used by the rich. However, the truth is that these vehicles can be used to great advantage by people who would describe themselves as middle class. Indeed, it would be wise to discuss your unique situation with a San Jose estate planning lawyer … [Read more...] about Final Affairs Can Be Matter of Public Record
Man’s Best Friend Can Fill a Void
When you start to reach an advanced age, you invariably experience significant losses. People lose lifelong friends, siblings, extended family members, and even their spouses. As a result, it is not uncommon for senior citizens to experience loneliness, and this can result in the onset of depression. And in addition, as we all know senior citizens are often challenged by other health problems that may have nothing to do with their loneliness. The good news is that for many people a four-legged … [Read more...] about Man’s Best Friend Can Fill a Void
Deceased Performance Car Guru’s Family At Odds
If you are looking for a valuable and highly coveted classic performance car, you will not get far without coming across the name Shelby. We lost the legendary automotive designer Carroll Shelby back in May, but his incredible creations like the Shelby Mustang and the AC-Shelby Cobra will live on forever. Though Shelby passed away as one of the foremost automotive designers of all time, had he never designed a single motor vehicle he would have been an important figure due to his success as a … [Read more...] about Deceased Performance Car Guru’s Family At Odds
Hello world!
Welcome to Academy Member Websites. This is your first post. Edit or delete it, then start blogging! … [Read more...] about Hello world!
