No Estate Plan? What's your excuse?

Excuse #1: My estate is too small. For many individuals, especially those with smaller estates, the most important documents are a durable power of attorney and medical directives. While a will protects your estate after you’re gone, a durable power of attorney and medical directives protect you while you’re still here. Excuse #2: Joint ownership of…

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Multigenerational Living

By: Rajiv Nagaich The recent economic downturn brings to light the obvious – the vulnerability of anyone who has not prepared to weather the financial storm. According to a recent report, Living Longer on Less: The New (In)security of Seniors, produced by The Institute on Assets and Social Policy (IASP), a research institute at the…

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Elder Law v/s Estate Planning

 What is the similarity between the characters in the musical “Fiddler on the Roof” and attorneys? Tradition! All of my clients deal with estate planning issues: The majority of my clients who have planned their estates have done so under the traditional notions of estate planning which, unfortunately, leaves them largely exposed to the threat of…

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The Top 10 Health Care Mistakes Made By the Elderly

Americans are living longer than ever before, but many older Americans could better deal with their health problems, according to the Institute for Healthcare Advancement (IHA). To help the elderly stay healthier longer, the IHA has identified the 10 most common mistakes older Americans make in caring for their health. The Institute is a non-profit…

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Emotional Decision-making with Our Parents

Emotional Decision-making with Our Parents © By: Eric M. Crozier, Geriatric Care Manager I am entering my twelfth year in a career working essentially with seniors. I have spent many hours working with individuals, couples, families, and even dear friends of the aforementioned, all with the goal in mind, of helping them to reach safe…

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Transfers of Assets

Transfers of Assets (c) Rajiv Nagaich & Andrea T. Lee Attorneys & Counselors at Law Sometimes senior citizens attempt to sell or give away their property either to avoid probate or in the hope to make it easier on family members when they are gone. However, every transfer of assets, whether the transfer be of…

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