Should You Appoint Co-Fiduciaries in Your Estate Plan? The idea of appointing multiple fiduciaries—whether under a trust, will, or power of attorney—might seem appealing. After all, two heads are better than one, right? In reality, the old saying too many cooks spoil the broth often applies more accurately. Instead of
Who Needs a Trust? Some people think that trusts are only for the wealthy. Trusts certainly may be recommended for their complex financial situations. Then there are those on the opposite end of the spectrum who believe everyone needs a trust, no matter what their situation, in order to
Once you get over the shock of a new dementia diagnosis, you may not know what to do next, or perhaps you hear all kinds of advice–a famine or feast of information. If it were my parent with the diagnosis, here are 4 steps I would advise them to do
The Social Security Administration (SSA) has officially released its annual cost-of-living adjustment (COLA) figures for 2025. These newly issued numbers will have an impact on monthly Social Security benefits payouts for retirees, as well as recipients of Social Security disability benefits and survivor benefits, over the forthcoming year. The COLA Change
Driving is a symbol of independence and a deeply-engrained way of life for most adults. Unfortunately, old age may sometimes cause their driving skills to become worse, as their vision, hearing, alertness, reaction time, or decision-making abilities diminish. For their own safety and that of those around them, they may
If you apply for long-term care assistance through Medicaid [ALTCS in Arizona] and your application is denied, it may feel hopeless. The good news is that you can appeal the decision. Medicaid is a program for low-income individuals, so it has strict income and asset eligibility requirements. Qualifying for ALTCS requires
A diagnosis of dementia, a category of diseases affecting memory and thinking that includes Alzheimer’s disease, can feel overwhelming and upsetting. You might worry that you will lose control over your life and ability to make your own decisions. Fortunately, receiving a diagnosis of dementia or Alzheimer’s does not mean that
Maybe. Although Arizona will generally recognize a will, trust, or powers of attorney validly executed in another state, there may be legal or practical considerations to ensure the most favorable outcome. For instance, a client complained that a hospital rejected his parent’s power of attorney for health care decisions. If
Dementia is a general term that refers to severe memory loss and problems with thinking, behavior, and social skills that interfere with daily life. According to the National Institutes of Health, this neurological condition affects one in seven adults over age 71. Alzheimer’s disease is a type of dementia and
If you apply for long-term care assistance through Medicaid [ALTCS in Arizona] and your application is denied, it may feel hopeless. The good news is that you can appeal the decision. Medicaid is a program for low-income individuals, so it has strict income and asset eligibility requirements. Qualifying for ALTCS
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