by Susan Grissom | Sep 12, 2017 | Elder Care, Estate Planning, Wills & Trust
One of the concerns that many of my clients have as their parents age is, who will pay for my parents’ or loved one’s skilled nursing care once they exhausted their resources. Will my parents need Medicaid and if so, what is the process for Medicaid qualification and...
by Susan Grissom | Sep 5, 2017 | Estate Planning, Probate, Wills & Trust
Do you wish to leave specific gifts to individuals or charities? If so, are they provided for in your Will? If you wish to leave specific gifts in your Will, there are several things to keep in mind: If the gift is an item, who receives it if the individual is not...
by Susan Grissom | Aug 29, 2017 | Estate Planning, Wills & Trust
Have you recently divorced? If so, have you taken the time to update your estate plan? Most married people name their spouse as the Executor, Agent under a Power of Attorney, Agent under a Healthcare Directive, and as the primary beneficiary of life insurance,...
by Susan Grissom | Aug 22, 2017 | Elder Care, Estate Planning, Wills & Trust
Revocable Trusts are used regularly in estate planning. If your estate plan includes a revocable trust or if you are considering a revocable trust, it’s important to understand revocable trust terminology. The following terms are used in revocable trust and...
by Susan Grissom | Aug 15, 2017 | Elder Care, Estate Planning, Wills & Trust
Protecting assets from the rising costs of long term care is a consideration of many seniors and aging baby boomers. There are a variety of methods and products available in the marketplace that provide some form of protecting assets from the rising costs of long term...
by Susan Grissom | Aug 8, 2017 | Elder Care, Estate Planning, Wills & Trust
Many times, as I work with clients, the topic of estate plan copies comes up and they ask me if they should provide copies of their estate plan to family members and/or friends. There is not a one-size fits all answer to that question. Instead, there are a number of...
by Susan Grissom | Aug 1, 2017 | Elder Care, Estate Planning, Wills & Trust
Revocable Trusts are utilized in estate planning for a number of reasons: probate avoidance, privacy, and incapacity planning are among several reasons. As a general rule, a revocable trust will use the social security number of the grantor rather than obtaining a...
by Susan Grissom | Jul 25, 2017 | Estate Planning, Probate, Special Needs Trust, Wills & Trust
Parents of special needs children face many challenges, but they often learn to just submerge their own emotional pain and anguish and concentrate on the day to day tasks involved with their children’s lives. It’s important, however, for these parents not to...
by Susan Grissom | Jul 18, 2017 | Estate Planning, Probate, Special Needs Trust, Wills & Trust
Marriage as an institution has gone through a lot of changes in the past half century, and many couples today choose to live together rather than get married. What they may not know when they set up house this way is that there are legal issues that separate...
by Susan Grissom | Jul 11, 2017 | Estate Planning, Probate, Wills & Trust
There are instances when you might want to exclude a child from your estate plan. For example, you may consider excluding a child if a constant pattern in the child’s life indicates that an inheritance would be misused. You might also consider excluding a child from...
