My Caring Plan Blog

Blog Category: Legal

Burial Insurance: Everything You Need to Know

If you have an elderly loved one, you may be considering burial insurance. This is a type of life insurance that specifically covers final expenses. A 2020 report on life insurance policyholders found that 84% of those that buy life insurance, do so to cover end-of-life expenses. Considering that the majority of people who have […]

Where There’s a Will, There’s a Plan

This article has been reviewed by a practicing attorney in 2020 This content is not intended to be a substitute for professional legal advice. Always seek the advice of an attorney or another qualified legal professional with any questions you may have regarding your situation. There are many types of estate planning documents you can […]

Elder Law Attorneys: A Comprehensive Guide

If you are someone who is taking care of a senior or has an elderly loved one, you should consider working with an elder law attorney. Though you may not expect it, individuals begin to face new and more complex legal concerns as they get older. Actions that may have seemed trivial when they were […]

Trusts: What is One and How do They Work?

Estate planning is an integral part of planning for seniors. There are many different forms of estate planning and various tools available to use. One estate planning tool that can be helpful for many seniors is a trust. They can serve many different purposes and are a great estate planning tool, regardless of your estate’s […]

Understanding Trust Beneficiaries

This article has been reviewed by a practicing attorney in 2020 This content is not intended to be a substitute for professional legal advice. Always seek the advice of an attorney or another qualified legal professional with any questions you may have regarding your situation. Trusts are common estate planning instruments used to manage and […]

Transfer on Death Deeds: A Complete Overview

Deciding how you want your assets and estate distributed on your death can be an emotional task. Analyzing the legal mechanisms to accomplish this task can be overwhelming and exhausting. You want to be sure your assets will be distributed in accordance with your final wishes, but you also do not want to burden your […]

Lady Bird Deeds: A Complete Overview

This article has been reviewed by a practicing attorney in 2020. This content is not intended to be a substitute for professional legal advice. Always seek the advice of an attorney or another qualified legal professional with any questions you may have regarding your situation. A deed is a formal legal document that, when signed […]

A Not So “Crummey” Trust

This article has been reviewed by a practicing attorney in 2020 This content is not intended to be a substitute for professional legal advice. Always seek the advice of an attorney or another qualified legal professional with any questions you may have regarding your situation. When creating a comprehensive estate plan, it is important to […]

How Powers of Attorney (POAs) May Be Revoked

This article has been reviewed by a practicing attorney in 2020. This content is not intended to be a substitute for professional legal advice. Always seek the advice of an attorney or another qualified legal professional with any questions you may have regarding your situation. A power of attorney (“POA”) can be an important tool […]

Understanding the Differences Between Wills and Trusts

This article has been reviewed by a practicing attorney in 2020 This content is not intended to be a substitute for professional legal advice. Always seek the advice of an attorney or another qualified legal professional with any questions you may have regarding your situation. Choosing the proper estate plan for you and your family […]

Life Estate Deeds: Are they right for me?

This article has been reviewed by a practicing attorney in 2020 This content is not intended to be a substitute for professional legal advice. Always seek the advice of an attorney or another qualified legal professional with any questions you may have regarding your situation. We have highlighted common instruments (such as trusts, wills, and […]

Miller Trusts: What They Are and How to Create One

This article has been reviewed by a practicing attorney in 2020 This content is not intended to be a substitute for professional legal advice. Always seek the advice of an attorney or another qualified legal professional with any questions you may have regarding your situation. After retirement, many adults enroll in Medicare or Medicaid for […]