This article is the fourth in a series of nine articles explaining the Eight Goals of a Good Estate Plan. In this Article we will discuss using Powers of Attorney to avoid the necessity of lengthy and costly guardianship proceedings if you become mentally incompetent.
Planning for the long-term care of a loved one with special needs requires thought and preparation. The fact is, when it comes to the future needs of a family member with a disability, the possibility that they may outlive you is something that must be considered, especially when the individual is a minor or adult child. Preparations include estimating possible future care-giving costs, as well as making sure all assets are managed properly to best benefit your loved one.
Below is a breakdown of what you need to know about the features of wills and trusts. For a more in depth discussion of the subject, please visit our estate planning resource page or view the video of our recent estate planning seminar, the remaining portions of which can be viewed on our YouTube page.
Our team of friendly professionals are standing by to take your call now at (630)324-6666.
Make a consultation reservation online using our online scheduling tool.
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The baseline rule is that the disabled adult’s home state has jurisdiction over the guardianship proceeding. The disabled adult’s home state is defined as a state in which the disabled adult was physically present for at least six consecutive months immediately prior to the filing of the guardianship proceeding. A temporary absence counts toward this six month period. If the disabled adult does not have a “home state” because he or she has not lived in the same state for six consecutive months prior to filing the guardianship proceeding a state with a significant connection to the disabled adult may assert jurisdiction.
In this article, we discuss life events that may require a review of your estate plan. We discuss updating your estate plan when you get married, when you buy your first home, when you have a child, when your children reach adulthood, after a divorce, when you acquire new assets, when you want to change how your assets will be distributed when you pass, when you are ready to plan for long-term care.
A treatment plan is a detailed document that the facility must create within the first three days upon admittance of a patient that has been involuntarily committed. Treatment plans are shaped to each patient’s needs, therefore they vary from person to person. Once the treatment plan is complete (which should be in the first three days), the facility is obligated to give you a copy of the entire plan.
Make a consultation reservation online using our online scheduling tool.
Make a consultation reservation online using our online scheduling tool.
Our team of friendly professionals are standing by to take your call now at (630)324-6666.
Our team of friendly professionals are standing by to take your call now at (563) 503-6910.
The baseline rule is that the disabled adult’s home state has jurisdiction over the guardianship proceeding. The disabled adult’s home state is defined as a state in which the disabled adult was physically present for at least six consecutive months immediately prior to the filing of the guardianship proceeding. A temporary absence counts toward this six month period. If the disabled adult does not have a “home state” because he or she has not lived in the same state for six consecutive months prior to filing the guardianship proceeding a state with a significant connection to the disabled adult may assert jurisdiction.
In this article, we discuss life events that may require a review of your estate plan. We discuss updating your estate plan when you get married, when you buy your first home, when you have a child, when your children reach adulthood, after a divorce, when you acquire new assets, when you want to change how your assets will be distributed when you pass, when you are ready to plan for long-term care.
A treatment plan is a detailed document that the facility must create within the first three days upon admittance of a patient that has been involuntarily committed. Treatment plans are shaped to each patient’s needs, therefore they vary from person to person. Once the treatment plan is complete (which should be in the first three days), the facility is obligated to give you a copy of the entire plan.
The baseline rule is that the disabled adult’s home state has jurisdiction over the guardianship proceeding. The disabled adult’s home state is defined as a state in which the disabled adult was physically present for at least six consecutive months immediately prior to the filing of the guardianship proceeding. A temporary absence counts toward this six month period. If the disabled adult does not have a “home state” because he or she has not lived in the same state for six consecutive months prior to filing the guardianship proceeding a state with a significant connection to the disabled adult may assert jurisdiction.
In this article, we discuss life events that may require a review of your estate plan. We discuss updating your estate plan when you get married, when you buy your first home, when you have a child, when your children reach adulthood, after a divorce, when you acquire new assets, when you want to change how your assets will be distributed when you pass, when you are ready to plan for long-term care.
A treatment plan is a detailed document that the facility must create within the first three days upon admittance of a patient that has been involuntarily committed. Treatment plans are shaped to each patient’s needs, therefore they vary from person to person. Once the treatment plan is complete (which should be in the first three days), the facility is obligated to give you a copy of the entire plan.
Make a consultation reservation online using our online scheduling tool.
Our team of friendly professionals are standing by to take your call now at (630)324-6666.
Our team of friendly professionals are standing by to take your call now at (563) 503-6910.
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