![]() And Cunningham Law makes it understandable and affordable. Estate planning and execution is the one activity that can protect your family, save a great deal of money and provide peace of mind. Whether it is to protect assets from probate or from onerous medical costs, estate planning is the best investment your family can make. Common documents include a will, durable power of attorney for finances, and a living trust. These trusts protect the elderly person from having to dispose of his assets to qualify for Medicaid or nursing-home care. Depending on your situation, you may choose to prepare different types of legal documents to outline how your estate and finances will be handled in the future. Those 65 and older who are eligible for Medicaid sometimes transfer assets into an irrevocable living trust, which is the basis for irrevocable Medicaid trusts. Enjoy smart fillable fields and interactivity. Follow this checklist to help make a challenging time less. Elder law attorneys may specialize in estate planning. printable estate planning checklist rating 4.8 Satisfied 34 votes How to fill out and sign printable estate planning checklist pdf online Get your online template and fill it in using progressive features. Estate Planning What to Do When Someone Dies: A Checklist It’s easy to overlook an important task after a loved one passes away. This trend is likely to affect over half of U.S. According to 2021 data from AARP, more than three-quarters of adults 50 and older say they would. Planning for living arrangements, health care and protecting assets are vital to families who need to create or adjust their estate plans. However, many aging family members live with family, in retirement homes or assisted living. Assets held in trust (more on that later) Additional life insurance policies from membership in organizations like AARP. Include the contact information for your estate and elder care planning attorney.Aging in PlaceĪccording to the AARP, over three quarters of Americans asked would elect to grow old living independently in their homes. As the dynamics in your family change, Richard Cunningham Law is here to help you make sure your older family members are properly cared for. ![]() Caring for aging family members requires planning. Today, people are living longer into their golden years than ever. Whether you have a large estate or feel your assets are small enough to be managed by your loved ones, an estate plan is vital to.
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