The executor of an estate has to write up an inventory listing all of the assets she’s dealing with in settling that person’s affairs. But that list does not necessarily include all the assets the person owned before death. The executor is responsible for accounting...
Month: October 2016
“Not So Fast!” is the Court’s Message to Heirs
“The administration of an estate operates on the same principle that applied while the testator was alive: A person must first attend to his owns debts and expenses before he can give away what is left,” Alexander A. Bove, Jr., explains in The Complete Book of Wills,...
To Insure or Not to Insure – That is the Questiion
“Long term care is generally defined as hands-on assistance provided for an extended period of time to people who can’t take care of themselves due to a prolonged disability, illness or cognitive impairment such as Alzheimer’s disease,” AARP explains. As elder law...
2016 Law Helps Address the 10 Reasons Families Fight About Senior Care
Jeff Anderson, writing in aplaceformom.com, lists ten reasons families members have tended to fight among themselves about senior care issues: Siblings view parents’ needs differently Parents resist care Family members regress to earlier roles and past issues...